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Macro-economics

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Suppose that you are the chief economic advisor to the president of the U.S. You are asked to propose a strategy to bring the economy out of recession. Your goal is to avoid inflation and yet bring the economy to full employment as rapidly as possible. What will be your main strategy? Why? Use examples and give reasons to support your strategy.

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Macro-economics

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Use expansionary fiscal policy (government increase spending and decreases taxes)

increase spending
-demand increases
-firms need to produce more goods
-employment increases

decrease taxes
-people have ...

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