If the central bank wants to reduce the effects of a recession, it would adopt a(n) ________.

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If the central bank wants to reduce the effects of a recession, it would adopt a(n) ________.

If the central bank wants to reduce the effects of a recession, it would adopt a(n) ________.

▸ expansionary monetary policy

▸ expansionary fiscal policy

▸ contractionary fiscal policy

▸ contractionary monetary policy

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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