fiscal policy or monetary policy, is preferable for recessions (

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter15: Macroeconomic Viewpoints: New Keynesian, Monetarist, And New Classical
Section: Chapter Questions
Problem 5E
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  1. Which economic policy, fiscal policy or monetary policy, is preferable for recessions (excess capacity) and why? Support your arguments by explaining the arguments on the role of government on the economy.
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