Expansionary fiscal policy and contractionary fiscal policy

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What is the difference between expansionary fiscal policy and contractionary fiscal Policy?

What is the effect of contractionary/expansionary fiscal policy on the federal government's budget? Write your initial response in four paragraphs.

Reference no: EM13765523

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Expansionary fiscal policy and contractionary fiscal policy : What is the effect of contractionary/expansionary fiscal policy on the federal government's budget? Write your initial response in four paragraphs.

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