Market based and interventionist supply side policies

IB Economics: Market based and interventionist supply side policies

So far you will have covered the impact of government intervention on aggregate demand levels and your classes should now have an understanding of some of the arguments for and against the use of government stimulus measures. This is a good time to stress that while all economists accept that fiscal stimulus measures will increase economic activity in the short term, economists disagree about the merits of such a practise...

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