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a. What would an increase in government purchases do to aggregate demand?

b. When would an increase in government purchases be an appropriate countercyclical fiscal policy?

c. If the current budget shows a deficit, what would an increase in taxes do to it?

d. When would an increase in taxes be an appropriate contractionary fiscal policy?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91370789

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