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Which of the following statements is true about pro-cyclical policies Select one: a. They help stabilize the economy b. They help slow down economic expansions
Which of the following statements is true about pro-cyclical policies Select one: a. They help stabilize the economy b. They help slow down economic expansions c. They are likely to raise unemployment during recessions d. One example of a pro-cyclical policy is when the Fed lowers interest rates during a recession e. They tend to occur without government intervention and are, therefore, referred to as automatic stabilizers
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