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Answer to Question #55082 in Macroeconomics for linda
Question #55082
Between 2000 and 2013, in how many years was fiscal restraint initiated?
Expert's answer
Fiscal restraint is used to reduce inflationary pressures. The strategy is to shift the aggregate demand curve to the left with budget cuts or tax hikes. Between 2000 and 2013, fiscal restraint was initiated in 4 years.
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