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Explain the goal of a countercyclical fiscal policy and how it is implemented.
jlg71
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Explain the goal of a countercyclical fiscal policy and how it is implemented.
Explain the goal of a countercyclical fiscal policy and how it is implemented.
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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A countercyclical fiscal policy has the goal of reducing economic fluctuations and smoothing the growth rates of employment, GDP, and prices. It is implemented by the legislative branch (government) by manipulating government expenditures and taxes.
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jlg71
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2 months ago
Smart ... Thanks!
Holly72492
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Yesterday
Thank you, thank you, thank you!
momochiime
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2 hours ago
Good timing,
thanks!
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