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If macroeconomic evidence suggests that economy is in boom, then what should the government do with the fiscal policy? There is no clear prescription
If macroeconomic evidence suggests that economy is in boom, then what should the government do with the fiscal policy? There is no clear prescription in this case O It should tighten: decrease expenditure and/or increase revenue It should expand: increase expenditure and/or decrease revenue It should keep neutral fiscal policy: no changes to revenue or expenditure
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The detailed answer for the above question is provided below The appropriate fiscal policy during a boom is indeed not a clearcut case and depends on ...
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Business Law and the Legal Environment
Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril
8th edition
1337404667, 1337404662, 9781337404532, 1337404535, 978-1337736954
