The Economic Implications of Fiscal Deficits: Analyzing Expansionary Policies, Debt Impact, and Long-Term Growth Strategies

Analysis of fiscal deficits, debt impact, and economic policies.

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The Economic Implications of Fiscal Deficits: Analyzing ExpansionaryPolicies, Debt Impact, and Long-Term Growth StrategiesNameProfessor:University attached:Date:Discuss the impact of expansionary fiscal and monetary policies on government fiscaldeficits. How do these policies influence inflation, unemployment, and GDP growth in boththe short and long run? Use theoretical frameworks such as the Phillips Curve, Okun’s Law,and Keynesian economics to explain your answer. Additionally, consider the potentialconsequences of sustained fiscal deficits on long-term economic growth, with reference toempirical studies and real-world examples from countries like the U.S. and Europeannations. Finally, propose alternative policy measures that could mitigate the negativeeffects of fiscal deficits while promoting long-term growth.Word count requirement:2500-3000 words.

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