When in a recession a government has the option to increase government spending or decrease taxes...

When in a recession a government has the option to increase government spending or decrease taxes to stimulate the economy. Discuss which piece of GDP is being targeted when each is used. Explain what happened in 2008, what went wrong? and what are some steps that could have been taken to avoid the recession of 2008?

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Rahul Sunny answered 10 months ago

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