Fiscal Policy explained
3:54
YouTubeSim Institute
Fiscal Policy explained
All you need to know about Fiscal Policy in 4 minutes: Taxation, Government Expenditure, Multiplier Effect, Crowding Out, Budget Deficits, Government Debt and more. Components of government expenditure. Expansionary and contractionary fiscal policies. Learn more about business and economics on: http://www.siminstitute.com If you enjoyed this ...
175.4K viewsSep 2, 2020
Fiscal Policy Explained
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The use of discretionary fiscal policy to end a recession is limited because A) the legislative process is slow. B) potential GDP changes too rapidly. C) the real-world multiplier is too small to have an impact on real GDP. D) in the real world, taxes are not induced. | Numerade
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