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Risk-free rates are rising globally, and as a result, growth decreasing in 2022. Fiscal Policy is divided into two camps, decreasing taxes or increasing taxes.
Risk-free rates are rising globally, and as a result, growth decreasing in 2022. Fiscal Policy is divided into two camps, decreasing taxes or increasing taxes. Provide country-level examples, and discuss how far these two policies are in line with Keynesianism, new Classical and Monetarist schools of economics. Provide policy recommendations to reconcile Fiscal and Monetary objectives.
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