(Solved): The traditional Philips Curve suggests that, if government uses an expansionary fiscal policy to sti ...

The traditional Philips Curve suggests that, if government uses an expansionary fiscal policy to stimulave output and employmert. Mutrple Cholce the natural rase of unemploymert may fall. unemployment may actualy increase because of the crowdingout effect. the irflason rese wil ncresie. tax revenuer may incresse even though tax rater have been reduced.