Is fiscal policy effective in uncertain times

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The world community is going through a period of deep uncertainty due the spread of Covid-19. Many economies around the world are underperforming. We are at the hedge of a great depression. Central Government around the world are trying to implement a stimulus package to prevent the economy downfall.

- Explain how uncertainty about the future affect the goods and services market and the financial market.

- Is fiscal policy effective in uncertain times? Explain briefly

Reference no: EM132617313

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