Macroeconomics, 9/e

Campbell R. McConnell, University of Nebraska, Lincoln
Stanley L. Brue, Pacific Lutheran University
Thomas P. Barbiero, Ryerson University

Fiscal Policy

Chapter Objectives

In this chapter you will learn:

What fiscal policy is and what it is used for.

What discretionary fiscal policy is and its function.

About the economy's built-in stabilizers.

What a cyclically adjusted budget is.

The problems, criticism, and complications of fiscal policy.

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