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What role does the government, both the fscal authority and themonetary authority, play in recessions and booms and in determining therate of infation?

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter16: The Influence Of Monetary And Fiscal Policy On Aggregate Demand

Section: Chapter Questions

Problem 6CQQ

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What role does the government, both the fscal authority and the
monetary authority, play in recessions and booms and in determining the
rate of infation?

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