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Suppose that we are currently in a period of recession and there is a recessionary gap of $10 billion. What kind of policy should the

Suppose that we are currently in a period of recession and there is a recessionary gap of $10 billion.

What kind of policy should the Congress use?

What kind of policy should the Fed use?

What might happen if both Congress and the Fed uses the policies at the same time without consultation with one another?

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