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Explain what the business cycle is. In light of this phenomenon, why would government use Discretionary Macroeconomic Stabilization Policy? (5 points) Distinguish between money/nominal and
Explain what the business cycle is. In light of this phenomenon, why would government use "Discretionary Macroeconomic Stabilization Policy"? (5 points) Distinguish between money/nominal and real GDP. Which would you use to evaluate the performance of a macroeconomic system? Why?PLEASE GRAPH TOO
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