Read the following premise carefully and answer the questions specifically and in detail, you must answer the request with the correct information, showing that you understand and can properly apply the concepts. Try to address all the elements of each question and always express the answers in your own words. "In the face of unstable economic growth due to a recession or accelerating inflation, potential problems with large public debt include higher income inequality, reduced economic incentives, and crowding out of private investment". 2. Explain each of the tools that exist in expansionary fiscal policy and contractionary fiscal policy

7.  What rate of GDP growth would the government need to meet its goal of doubling the population's living standards in 18 years?  Group of answer choices  4 percent  3 percent  2 percent  1 percent

please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly

Read the following premise carefully and answer the questions specifically and in detail, you must answer the request with the correct information, showing that you understand and can properly apply the concepts. Try to address all the elements of each question and always express the answers in your own words. "In the face of unstable economic growth due to a recession or accelerating inflation, potential problems with large public debt include higher income inequality, reduced economic incentives, and crowding out of private investment". 4. Using the premise presented as a basis, argues about the intervention of fiscal policy as an instrument to promote growth, sustainability and economic stability in a country. (Provide a detailed example).