3.4 - Fiscal Policy
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Practice Questions
Test your understanding with targeted questions
What is fiscal policy?
💡 Hint: Think about how governments manage their budgets.
What is one goal of expansionary fiscal policy?
💡 Hint: Consider times when the economy needs a boost.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary goal of fiscal policy?
💡 Hint: Think about government roles in the economy.
Expansionary fiscal policy typically involves lowering taxes.
💡 Hint: Consider the purpose of tax cuts.
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Challenge Problems
Push your limits with advanced challenges
Evaluate how a sudden increase in government spending might affect inflation and employment levels in the short term and long term.
💡 Hint: Consider both demand and supply effects.
Discuss the implications of maintaining contractionary fiscal policies for an extended period on overall economic health.
💡 Hint: Think about consumer confidence and spending.
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