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A Level Economics Expansionary fiscal policy to attain sustainable growth

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to attain gov adopts expansionary fiscal policy Sustainable economic growth Possible mirations 1. crowding out effect 2. budget constraints 3. time 199 4. Small size of * (multiplier) 1.99 spending on recurrent expenditure 2.1 Transfer pay РТС actual economic growth 1. Personal income tax >disposable income a ca 2.1 corporate income tax 1G, 1C and I → overall 1AD → real NYT via[k] multplier Financial crowding effect out effect Size of muHiplier if na spending is if size of Kissmall financed through mits overall in borrowing from real NY Prije sectors 1 demand for Wanable funds * i/rn expected rerums from ...
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