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Fiscal Policy and Its Macroeconomic Effects

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Introduction to Fiscal Policy

Expansionary and Contractionary Fiscal Policy

Government Purchases and the Multiplier Effect

Taxes, the Multiplier Effect, and Automatic Stabilizers

Shifting Aggregate Demand

Aggregate Demand

Short Run Aggregate Supply

AD-AS Model: Equilibrium in the Short Run and Long Run

Dynamic AD-AS Model: Fiscal Policy