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I need help with this question ! Suppose the government implements a temporary fiscal expansion. This type of fiscal expansion will {:1 A. raise output
I need help with this question !
Suppose the government implements a temporary fiscal expansion. This type of fiscal expansion will {:1 A. raise output and appreciate the domestic currency. {:3 B. raise output and depreciate the domestic currency. Ci C. lower output and depreciate the domestic currency. {:1 D. lower output and appreciate the domestic currency. If the fiscal expansion becomes permanent, the shortrun result will be I; 73 A. a reversal of the effects ofthe temporary change. -I. _.' B. an accentuation of the effects of the temporary change. I; J C. a diminution of the effects of the temporary change. {:3 D. no different than the effects of the temporary change. Exchange Rate, E Output, Y DD 9,0Step by Step Solution
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