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If a recession persists due to nominal wage and price stickiness (i.e., slow adjustment of nominal wages downward), what kind of monetary policy can bring
If a recession persists due to nominal wage and price stickiness (i.e., slow adjustment of nominal wages downward), what kind of monetary policy can bring us out of this recession? Question 34 options: raising interest rates and decreasing money supply growth contractionary monetary policy neutral monetary policy expansionary monetary policy
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