1.The Canadian Prime Minister Stephen Harper warned on November 6, 2008, that if policy makers adopt too strong a fiscal stimulus then long-term growth might be jeopardized. Explain what he meant. 2....

1.The Canadian Prime Minister Stephen Harper warned on November 6, 2008, that if policy makers adopt too strong a fiscal stimulus then long-term growth might be jeopardized. Explain what he meant. 2. Read
Eye on Fiscal Stimulus
on p. 453. How big was the fiscal stimulus package of 2008–2009, how many jobs was it expected to create, and how large was the multiplier implied by that expectation? Did the stimulus work?