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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 fiscal 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 fiscal policy can bring us out of this recession? Question 20 options: contractionary fiscal policy decreased government expenditures and increased taxes decreased government expenditures increased government expenditures and decreased taxes
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