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Suppose that fiscal policy changes output faster than

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Suppose that fiscal policy changes output faster than it changes the price level. How might such timing play a role in the theory of political business cycles? Is this a valid role for fiscal policy?

Reference no: EM13335111

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Suppose that fiscal policy changes output faster than : Suppose that fiscal policy changes output faster than it changes the price level. How might such timing play a role in the theory of political business cycles? Is this a valid role for fiscal policy?
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