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Consider Fiscal Policy Responses to the Great Financial Crisis of 2008-09

Question 6

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Consider fiscal policy responses to the great financial crisis of 2008-09.
a. Explain the different fiscal policy responses in the United States and China to the Great Recession of 2008-09.
b. Explain whether the short-run policies in (a) are consistent with the longer-run goals of each country.

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a.Arguably, the United States needs to i...

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