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ECO 372 Week 4 DQs

ECO 372 Week 4 DQs
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ECO 372 Week 4 DQs

 

1. What is the difference between contractionary and expansionary fiscal policies? Which is more appropriate today? Explain your answer. How might contractionary and expansionary fiscal policies affect your organization?

2. What are the potential consequences of a country having a large overall debt? If you were in the position to implement a solution for the country’s long-term debt, what would it be and why?


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DQ1 What is the difference between contractionary and expansionary fiscal policies Which is more appropriate today Explain your answer. How might contractionary and expansionary fiscal policies affect your organization What is the difference between contractionary and expansionary fiscal policies Fiscal policy is a macroeconomic tool used by the government through the control of taxation and government spending in an effort to affect the business cycle and to achieve economic objectives of price stability, full employment and economic growth. By imposing taxes, the government receives revenue from the public, which means the assets have been transferred from the public to the government. On the other

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