INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Fiscal Policy and Aggregate Expenditures soru detayı:

PAYLAŞ:

SORU:

After 1970s, fiscal policy lost its popularity on a large scale for some time. What was the reason of this? 


CEVAP:

After 1970s, as a result of an economic environment in which high inflation and high unemployment rates occurred at the same time together with slowing down economic growth throughout the world
economy, fiscal policy lost its popularity on a large scale.