15 The Phillips Curve suggests that if government uses an expansionary fiscal policy to stimulate otput and employment M
Posted: Mon Apr 18, 2022 9:11 am
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