
Economics 14th Edition by James Gwartney,Richard Stroup, Russell Sobel ,David Macpherson
Edition 14ISBN: 978-1133561644
Economics 14th Edition by James Gwartney,Richard Stroup, Russell Sobel ,David Macpherson
Edition 14ISBN: 978-1133561644 Exercise 4
Does fiscal policy have a strong impact on aggregate demand? Did the shift of the federal budget from deficit to surplus during the 1990s weaken aggregate demand? Did the government spending increases and large budget deficits of 2008-2011 strengthen aggregate demand? Discuss.
Explanation
According to Keynes the fiscal policy ha...
Economics 14th Edition by James Gwartney,Richard Stroup, Russell Sobel ,David Macpherson
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