Fiscal Policy Worksheet Follow these steps: A. Identify if the problem is inflation or unemployment. If unemployment, state which type of unemployment. B. If it is cyclical unemployment, list the two ways fiscal policy can be used to resolve the problem. If it is some other type of unemployment, state what the government should do. C. If the problem is inflation, list the two ways fiscal policy can be used to resolve the problem.
Fiscal Policy Worksheet Follow these steps: A. Identify if the problem is inflation or unemployment. If unemployment, state which type of unemployment. B. If it is cyclical unemployment, list the two ways fiscal policy can be used to resolve the problem. If it is some other type of unemployment, state what the government should do. C. If the problem is inflation, list the two ways fiscal policy can be used to resolve the problem.
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter12: Fiscal Policy, Incentives, And Secondary Effects
Section: Chapter Questions
Problem 13CQ
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Transcribed Image Text:Fiscal Policy Worksheet
Follow these steps:
A. Identify if the problem is inflation or unemployment. If unemployment, state which type of
unemployment.
B. If it is cyclical unemployment, list the two ways fiscal policy can be used to resolve the
problem. If it is some other type of unemployment, state what the government should do.
C. If the problem is inflation, list the two ways fiscal policy can be used to resolve the problem.
4. Greenway high stude
5. During the last 6 months the consumer price index has increased by 10%.
7. Former phone operators are now looking for work.
the country are being paid high
to pay high prices for cars,
C
he construction workers
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