What is the effect of expansionary fiscal policy on unemployment and inflation? (Answer this question)
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(1) Find a current events article that describes an example of expansionary fiscal policy and that illustrates one or both of these effects. Your article needs to be a ‘real-world’ or ‘current events’ example from a reputable news site. It cannot be from study.com, investopedia.com, thebalance.com, or any similar study-aid site. Those sites are awful! For the actual economic content, you can either cite our textbook or a government or academic site (.gov or .edu). The best articles will probably come from The New York Times, The Wall Street Journal, or The Economist
(2) Write a paragraph to summarize your findings.
(3) Be sure to incorporate your own analysis using ideas from the course to explain the application of economics to the ideas found in your article.
Sample Solution
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