Q Most fiscal policy is aimed at moving a targeted variable. Is the appropriate aim of fiscal policy to target GDP or welfare? Consider the points in this post: https://www.economist.com/blogs/freeexchange/2011/03/fiscal_policy_2 (Links to an external site.)Links to an external site.Links to an external site. Links to an external site.PDF available here . How big is the multiplier? Is there any point to government spending? Add your initial thoughts by Friday and follow-up posts by Sunday.
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