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How are those tools used to correct a recessionary gap

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Reference no: EM132812972

Fiscal Policy is used by Congress and the President to correct deviations from "full employment".

1. What "tools" are available to the government in the Fiscal Policy tool bag?

2. How are those tools used to correct a recessionary gap?

3. How are those tools used to correct an inflationary gap?

Reference no: EM132812972

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