After listening to the Crash Course video below and reading Chapter 28 on fiscal policy, discuss...

After listening to the Crash Course video below and reading Chapter 28 on fiscal policy, discuss the pros and cons of the Keynesian versus classical economist approach to fiscal policy. Which approach do you favor? Why? Does your answer depend on the current state of the economy, such as whether or not the economy is in a deep recession or growing at a trend rate? https://www.youtube.com/watch?v=otmgFQHbaDo&list=PL8dPuuaLjXtPNZwz5_o_5uirJ8gQXnhEO&index=8

Expert Solution

Rahul Sunny answered 2 years ago

After reading chapter 16: Fiscal Policy, Discuss the necessary reforms that would be ideal for government...

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