What economic conditions would expansionary fiscal policy

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Question 1:  What are the federal government's three options for conducting expansionary or contractionary fiscal policy?

Question 2:  Under what economic conditions would expansionary or contractionary fiscal policy be used? What would be the effect on the Federal budget?

Question 3:  Compare and contrast the effect of expansionary and contractionary fiscal policy on aggregate demand. Draw a graph to illustrate the likely effects.

Reference no: EM132863574

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