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Fiscal Policy: Economic Effects https://fas.org/sgp/crs/misc/R45723.pdf Fiscal Policy: Taking and Giving Away by Mark Horton and Asmaa El-Ganainy https://www.imf.org/external/pubs/ft/fandd/basics/fiscpol.htm Discuss the effect of fiscal policy on

  • Fiscal Policy: Economic Effects

https://fas.org/sgp/crs/misc/R45723.pdf

  • Fiscal Policy: Taking and Giving Away by Mark Horton and Asmaa El-Ganainy

https://www.imf.org/external/pubs/ft/fandd/basics/fiscpol.htm

  1. Discuss the effect of fiscal policy on interest rates and investment. Explain crowding out effect.
  2. Discuss the effect of fiscal policy on inflation.
  3. Discuss the effect of persistent fiscal stimulus on the economy in the long run.
  4. Describe the mechanism how changes in fiscal policy affect output and prices in the economy.

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