Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn

تمرين 10

What are government's fiscal policy options for ending severe demand-pull inflation? Which of these fiscal options do you think might be favored by a person who wants to preserve the size of government? A person who thinks the public sector is too large? How does the "ratchet effect" affect anti-inflationary fiscal policy? LO1