Economy, asked by ujjwalmehta6262, 9 months ago

Which fiscal policy during a recession?

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Answered by Anonymous
30

Answer:

hello mate..

here's ur answer..

Expansionary fiscal policy is most appropriate when an economy is in recession and producing below its potential GDP. Contractionary fiscal policy decreases the level of aggregate demand, either through cuts in government spending or increases in taxes.

hope it helps....

Answered by Sharmistha0786
0

Answer:

HOPE THIS ANSWER IS HELPFUL AND HAVE A GREAT DAY FRIEND

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