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Fiscal Stimulus
The economy is in a recession, and the recessionary gap is large.
a. Describe the discretionary and automatic fiscal policy actions that might occur.
b. Describe a discretionary fiscal stimulation package that could be used that would not bring an increase in the budget deficit
c. Explain the risks of discretionary fiscal policy in this situation.
Thus, when we examine the amount the typical subscriber would save, we take the initial equilibrium ($60) and subtract is from the new equilibrium
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in managerial economics applications strategy and tactics if contract promises were not excused because of acts of war
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Question 1: What creates a monopoly? Give examples.
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