Concept
Version 5
Created by Boundless
Defining Fiscal Policy
Times of Recession
In times of recession, the government uses expansionary fiscal policy to increase the level of economic activity and increase employment.
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"Bowery men waiting for bread in bread line, New York City, Bain Collection."
https://commons.wikimedia.org/wiki/File:Bowery_men_waiting_for_bread_in_bread_line,_New_York_City,_Bain_Collection.jpg
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