Describe what effect an expansionary fiscal policy wouldve, Ask an Expert

Economics

1) Explain what effect an expansionary fiscal policy would have on the price level and real GDP starting from full employment equilibrium.

2) Why does a larger government budget deficit increase the magnitude of the crowding-out effect?

3) How does the multiplier work and what might government use it for?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9161826

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