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Published in:
1974 | OriginalPaper | Chapter
Economic Stabilisation: The Use of Fiscal Policy
Author : D. C. Rowan
Published in: Output, Inflation and Growth
Publisher: Macmillan Education UK
Included in: Professional Book Archive
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Our examination of monetary policy led us to discard it as a short-run stabilisation device. We thus assume monetary policy to be unchanged and have to select a fiscal policy appropriate to raising gross domestic product to the target level by the fourth quarter of 1963. What are the issues involved ?