The Case in Point on fiscal policy before World War I and after World War II mentions the idea of policy-induced recessions. Explain how this notion relates to the difficulties discussed in the text...

The Case in Point on fiscal policy before World War I and after World War II mentions the idea of policy-induced recessions. Explain how this notion relates to the difficulties discussed in the text of using discretionary policy to stabilize the economy.



May 26, 2022
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