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https://obr.uk/box/the-impact-of-fiscal-policy-on-gdp-growth-and-unemployment

The impact of fiscal policy on GDP growth and unemployment - Office for Budget Responsibility

We normally evaluate the output consequences of fiscal measures by applying ‘fiscal multipliers’ based on the historical impact of additional public spending or tax cuts on the economy. These multipliers capture the indirect effects of the fiscal measures on activity over and above their immediate effect on demand and through raising private incomes and spending....



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The impact of fiscal policy on GDP growth and unemployment - Office for Budget Responsibility

https://obr.uk/box/the-impact-of-fiscal-policy-on-gdp-growth-and-unemployment

We normally evaluate the output consequences of fiscal measures by applying ‘fiscal multipliers’ based on the historical impact of additional public spending or tax cuts on the economy. These multipliers capture the indirect effects of the fiscal measures on activity over and above their immediate effect on demand and through raising private incomes and spending....



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https://obr.uk/box/the-impact-of-fiscal-policy-on-gdp-growth-and-unemployment

The impact of fiscal policy on GDP growth and unemployment - Office for Budget Responsibility

We normally evaluate the output consequences of fiscal measures by applying ‘fiscal multipliers’ based on the historical impact of additional public spending or tax cuts on the economy. These multipliers capture the indirect effects of the fiscal measures on activity over and above their immediate effect on demand and through raising private incomes and spending....

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      We normally evaluate the output consequences of fiscal measures by applying ‘fiscal multipliers’ based on the historical impact of additional public spending or tax cuts on the economy. These multipliers capture the indirect effects of the fiscal measures on activity over and above their immediate effect on demand and through raising private incomes and spending....
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