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The monetary policy implemented depends on the state of the economy. A(n) __________ is used during a recession, and a(n) __________ is used during an
The monetary policy implemented depends on the state of the economy. A(n) __________ is used during a recession, and a(n) __________ is used during an expansion. administrative policy; U.S. banking policy contractionary policy; expansionary policy fiscal policy; monetary policy expansionary policy; contractionary policy
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Macroeconomics
Authors: Robert J Gordon
12th edition
138014914, 978-0138014919
