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Discretionary Fiscal Policy Works by Shifting the Short-Run Aggregate Supply

question 101

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Discretionary fiscal policy works by shifting the short-run aggregate supply curve.


Definitions:

Capital Needs

The amount of funding a business or project requires in order to finance its operations, investments, and growth effectively.

Business Plan

A detailed document outlining the goals, strategies, financial forecasts, and operational structures of a business intended to guide its growth and success.

Funds

Financial resources that are allocated for a specific purpose, project, or investment.

Legal Entity

An organization that has legal rights and obligations, including the ability to enter into contracts and own property, separate from its individual members.

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