If the economy is in a recession what sort of fiscal policy


If the economy is in a recession, what sort of fiscal policy changes would tend to bring it out of recession? Discuss b) What is the difference between inflation and a relative price increase? Explain c). If the inflation rate is 4% and the nominal rate of interest is 10%, what is the real rate of interest? Explain with an example.

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Business Economics: If the economy is in a recession what sort of fiscal policy
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