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Advanced Placement (AP)Advanced Placement (AP)
22 October, 07:03

The goal of fiscal policy during a recession is move the aggregate demand curve

to the left/right?

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Answers (1)
  1. 22 October, 08:13
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    Expansionary and Contractionary Fiscal Policy: Expansionary approach moves the AD bend to one side, while contractionary strategy shifts it to one side. It is useful to remember that total interest for an economy is partitioned into four segments: utilization, speculation, government spending, and net fares.
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