Specify whether expansionary or contractionary fiscal, Ask an Expert

Economics

Specify whether expansionary or contractionary fiscal policy would seem to be most appropriate in response to each of the situations below and justify your answer.

a) A recession.

b) A stock market collapse that hurts consumer and business confidence.

c) Extremely rapid growth of exports.

d) Rising inflation.

e) A rise in the natural rate of unemployment.

f) A rise in oil prices.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91585400

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