Explain how fiscal policy would affect aggregate demand

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Reference no: EM13837791

A. Do we need tax cuts now?

B. Can you explain how fiscal policy (making changes to government spending and taxes) would affect aggregate demand (AD)? How do these two mechanisms of expansionary policy differ?

C. What were the major areas of disagreement between John Maynard Keynes and the classical economists?

Reference no: EM13837791

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