Assessing the Short-Term Effects on Output of Changes in Federal Fiscal Policies by Congressional Budget Office

Assessing the Short-Term Effects on Output of Changes in Federal Fiscal Policies

Congressional Budget Office

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nonfiction business economics informative medium-paced
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Changes in federal fiscal policies-which can take the form of changes in federal spending, taxes, or both-can have both short-term and long-term effects on the economy. In the short term, the economy's output can deviate from its potential level (...

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