Fiscal Policy Is a Very Term Paper

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Even the state needs resources, so it may decide to borrow money from the bank. JP Morgan could also emit bonds for the government, and a nice fee could be made out of that. However, should government spending be excessive, this could lead to inflation, which would seriously affect the bank's activity and profit margins.

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The ways in which JP Morgan would feel the effects of fiscal policies are countless. The conclusion however is that the bank's well-being really depends, just like with all other companies, on the general favorable situation in the economy......

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