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5 October, 07:31

Arrange the steps in order to show how expansionary fiscal policy affects the economy

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  1. 5 October, 09:25
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    Fiscal policy is the means by which the government adjusts its spending and revenue to influence the broader economy. However, expansionary fiscal policy can result in rising interest rates, growing trade deficits, and accelerating inflation, particularly if applied during healthy economic expansions.
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