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Permanent Fiscal Expansion in PracticeChapter 17 discussion of Inflation Bias and Other Problems of Policy Formulation suggests that there may not really be any such thing as a permanent

Permanent Fiscal Expansion in PracticeChapter 17’s discussion of “Inflation Bias and Other Problems of Policy Formulation” suggests that there may not really be any such thing as a permanent fiscal expansion. What do you think?How would these considerations affect the exchange rate and output effects of fiscal policy?

Aug 09 2020 Read more Less More

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