What is fiscal policy, Macroeconomics: Macroeconomics

What is fiscal policy

Reference no: EM133548550

Question 1. What is fiscal policy? Discuss different types of fiscal policy and its effect on GDP and economic growth. When is each type used?

Question 2. Illustrate the impact of an expansionary fiscal policy on the economy using the AD/AS diagram

The key topics for the final examination:
• Demand and Supply: Market forces in Action
• Elasticity of Demand and Supply
• Production costs
• Market structure
• Measuring the economy
• Macroeconomics: Macroeconomics model, Fiscal Policy and Monetary Policy

Reference no: EM133548550

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