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We call Government contractionary fiscal policy as either a decrease in government spending or an increase in tax Analyze why the multiplier effect of these
We call Government contractionary fiscal policy as either a decrease in government spending or an increase in tax Analyze why the multiplier effect of these two fiscal policies are different. In other words, why the equilibrium national output change differently due to a 100 Dirham decrease in government spending ora 100 Dirham in increase in tax. (LO 5)
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