Fiscal policy to address output gaps

Fiscal Policy - Explaining Automatic Stabilisers

The use of discretionary fiscal policy to end a recession is limited because A) the legislative process is slow. B) potential GDP changes too rapidly. C) the real-world multiplier is too small to have an impact on real GDP. D) in the real world, taxes are not induced. | Numerade

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Equity Multiplier - What Is It, Formula, Interpretation

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The Multiplier - Short Question Answers