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The answer to each question should be a short to long paragraph.

1) What are the advantages and disadvantages of using an expansionary monetary policy in a recession compared to using fiscal policy? (Please note: I am not asking you how monetary policy works. You have already answered it in part c above. The question is specifically about the advantages of monetary policy compared fiscal policy in a recession).

2) What are the advantages and disadvantages of using an expansionary fiscal policy in a recession (That is, compared to using monetary policy)? Image text transcribed for accessibility: The answer to each question should be a short to long paragraph. What are the advantages and disadvantages of using an expansionary monetary policy in a recession compared to using fiscal policy? (Please note: I am not asking you how monetary policy works. You have already answered it in part c above. The question is specifically about the advantages of monetary policy compared fiscal policy in a recession). What are the advantages and disadvantages of using an expansionary fiscal policy in a recession (That is, compared to using monetary policy)?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9467947

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