Fiscal Policy's effects on Long-run Economic Growth
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- เผยแพร่เมื่อ 3 ต.ค. 2024
- econclassroom.com
Can fiscal policies be used to promote long-run economic growth? It turns out that some types of tax cuts and some categories of government spending WILL promote a long-run increase in a country's potential output; but not all types of fiscal stimulus have the same effect on economic growth. - แนวปฏิบัติและการใช้ชีวิต
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Thank you. Very well explained.
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How can fiscal policies cause inflation if inflation is always and everywhere a monetary phenomenon?
Demand pull inflation
is this from a neoclassical point of view o keynessian