Some of the major limitations of fiscal policy are as follows: Although fiscal policy gained prominence during world depression of 1930’s, yet its practical application has a number of problems or limitations. In view of such a situation, let us understand fully problems and limitations which are associated with a fiscal policy.
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Some of the major limitations of fiscal policy are as follows: Although fiscal policy gained prominence during world depression of 1930’s, yet its practical application has a number of problems or limitations. In view of such a situation, let us understand fully problems and limitations which are associated with a fiscal policy.
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