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Suppose the Australia government wants to use Fiscal and Monetary policy to stabilize the economy during the COVID-19. What actions should it take in terms
Suppose the Australia government wants to use Fiscal and Monetary policy to stabilize the economy during the COVID-19. What actions should it take in terms of Fiscal Policy? In terms of Monetary Policy? Discuss how these policies work. What are the possible long run impacts of the recommended policy measures.
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