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Business, 04.01.2021 20:20 jvsome8

Use the three Ts of fiscal policy to explain the challenges faced when using discretionary fiscal policy to counter a recession. a) The policy must be used only for as long as needed to avoid crowding out.
b) target the specific regions and groups of workers who need help the most.
c) be implemented before economic conditions have severely worsened.
d) be implemented slowly, so that it works properly.

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