True or false monetary and fiscal policies can often change, Ask an Expert

Economics

True or false: Monetary and fiscal policies can often change simultaneously. In the early 1980’s, the U.S. government cut taxes and ran a budget deficit and the Federal Reserve pursued a contractionary monetary policy. Given that the government’s goal was to raise investment while keeping output constant, the policy they chose was adequate in helping the government reach their goal.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92197182

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