Fiscal Policy Flashcards

1
Q

Demand

A

Left leaning

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2
Q

Supply

A

Right Leaning

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3
Q

Demand Recession

A

Tax: decrease lower and middle
Gov Spending: increase social programs

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4
Q

Demand Inflation

A

Tax: increase everyone
Gov Spending: decrease military

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5
Q

Supply Recession and Inflation

A

Tax: decrease business and upper incomes
Gov Spending: decease social programs

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