- 15 The Phillips Curve Suggests That If Government Uses An Expansionary Fiscal Policy To Stimulate Otput And Employment M 1 (19.02 KiB) Viewed 25 times
15 The Phillips Curve suggests that if government uses an expansionary fiscal policy to stimulate otput and employment M
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15 The Phillips Curve suggests that if government uses an expansionary fiscal policy to stimulate otput and employment M
15 The Phillips Curve suggests that if government uses an expansionary fiscal policy to stimulate otput and employment Multiple Choice unemployment may actually increase because of the crowding out effect tax revenues may increase even though tax rates have been reduced O inflation may result o the natural rate of unemployment may fall