To Intervene or Not To Intervene: That is the Question All Governments Must Ask
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Students will be able to: Describe the immediate benefits of a fiscal stimulus when an economy is in a recession. They explain the long-term costs of a fiscal stimulus when an economy is in a recession. By comparing the immediate benefits to the long-term costs, students will decide if a fiscal stimulus is warranted during recessions (USA: EconEd 2021).
