Showing posts with label expansion. Show all posts
Showing posts with label expansion. Show all posts

Monday, April 4, 2016

What is automatic fiscal policy? How does it affect the budget deficit and/or budget surplus during a recession and during an expansion?



What is automatic fiscal policy? How does it affect the budget deficit and/or budget surplus during a recession and during an expansion?


#Parkin #11edition #FiscalPolicy #Chapter30
Fiscal Policy