Join Professor Matt Hill as he walks you through the classroom slides of Day 4: "Limits to Fiscal Policy" from MRU's free "Fiscal Policy" unit plan. Get the unit plan here: mru.io/8jw
Learning Objectives:
Understand the importance of efficiency in fiscal policy and identify potential pitfalls to efficient fiscal policy.
Discuss the importance of timely fiscal interventions in economic downturns.
Analyze the potential delays in fiscal policy implementation and their economic impact.
Understand the difficulties in reversing fiscal measures, such as cutting spending and raising taxes, once economic conditions improve.
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