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Modern Consensus- How does the modern consensus answer each of the following questions? Is expansionary monetary policy helpful in fighting recessions? Is expansionary fiscal policy

Modern Consensus- How does the modern consensus answer each of the following questions?

Is expansionary monetary policy helpful in fighting recessions? Is expansionary fiscal policy effective in fighting recessions? Can monetary and/or fiscal policy reduce unemployment in the long run? Should fiscal policy be used in a discretionary way? Should monetary policy be used in a discretionary way

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