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Which statement below about expansionary fiscal policy is true? It could include decreasing the reserve requirement. If it is based on a tax cut, it
Which statement below about expansionary fiscal policy is true?
- It could include decreasing the reserve requirement.
- If it is based on a tax cut, it will trigger the multiplier effect.
- It generally has a negative effect on GDP.
- It could include lowering interest rates.
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Microeconomics
Authors: Roger A. Arnold
12th Edition
1285738306, 978-1285738307
