Fiscal Policy and Stimulus: Crash Course Economics

The video explores fiscal policy, a tool used by governments to manage economic fluctuations. It explains recessionary and inflationary gaps, and how expansionary and contractionary fiscal policies can address these issues. The video discusses Keynesian economics, highlighting the debate over fiscal policy's effectiveness, including concerns about deficit spending and crowding out. It also covers the multiplier effect, showing how government spending can stimulate the economy. The video concludes with a call for support for educational content.

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