Effect of the different tools of fiscal approach

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Reference no: EM1322965

Q. 1. Illustrate what is the relationship between the multiplier also the marginal propensities? Explain.

2. Illustrate what will be the effect of the different tools of fiscal approach to stabilize the economy? Give an example of a built-in stabilizer also Explicates how it would work to reduce this rise or fall in the level of AD.

Q. true or false Trade sanctions imposed on Iraq which limited Iraq's production of oil after the 1990 Gulf War on the oil marketplace are best Demonstrate graphically with a price ceiling below equilibrium price.

Reference no: EM1322965

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