What will be the effect of the different tools of fiscal, Ask an Expert

Economics

1. What is the relationship between the multiplier and the marginal propensities? describe.

2. What will be the effect of the different tools of fiscal policy to stabilize the economy? Give an ex of a built-in stabilizer and describe how it would work to reduce this rise or fall in the level of AD.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M974078

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