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Dynamic AD-AS Model: Fiscal Policy
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Dynamic AD-AS Model: Fiscal Policy
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25. Dynamic AD/AS Model / Dynamic AD-AS Model: Fiscal Policy / Problem 6
Problem 6
Under what conditions is fiscal policy typically used to maintain long-run equilibrium?
A
When the economy is at full employment.
B
When the central bank changes interest rates.
C
During periods of stable economic growth.
D
During periods of inflation or recession.
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