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The economy has contracted. The GDP has dropped. Explain how a monetary policy would correct a weak economy. Explain how a fiscal policy would correct

The economy has contracted. The GDP has dropped.

Explain how a monetary policy would correct a weak economy.

Explain how a fiscal policy would correct a weak economy.

Expansionary or Contractionary policies? Please explain how these would correct the weak economy and GDP that dropped due to the lockdown pandemic.

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