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Business, 27.03.2020 03:11 leannaadrian

Explain the following statement: "Although fiscal policy clearly is useful in combating the extremes of severe recession and demand-pull inflation, it is impossible to use fiscal policy to fine-tune the economy to the full-employment, noninflationary level of real GDP and keep the economy there indefinitely."

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Explain the following statement: "Although fiscal policy clearly is useful in combating the extremes...
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