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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
In the Keynesian model, the difference between using monetary and fiscal policy to eliminate a recession is that
A) an expansionary fiscal policy will leave the economy with a lower real interest rate than an expansionary monetary policy.
B) monetary policy will eliminate a recession quicker than fiscal policy will.
C) an expansionary monetary policy will leave the economy with a lower real interest rate than an expansionary fiscal policy.
D) fiscal policy will eliminate a recession quicker than monetary policy will.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 172 times
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wrote...
8 years ago
C.
johnpaul92 Author
wrote...
8 years ago
Appreciate your help, thank you again
wrote...
8 years ago
You're welcome, happy to help Slight Smile
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