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Economics

Sample Question: Fiscal Policy

Can anyone help clarify? All I need are a couple of sentences to explain these questions.

1. What is the final impact of contractionary fiscal policy on the price-level and real output?

2. What is the final impact of expansionary fiscal policy on the price-level and real output?

3. What are the impacts of an easy monetary policy on the price-level and real output? When would an easy monetary policy be appropriate?

4. What are the impacts of a tight monetary policy on the price-level and real output? When would a tight monetary policy be appropriate?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9201207

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