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When is it inappropriate to use monetary and fiscal policy to stimulate or stabilize the economy? please also give a reference on this one too.

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter16: Budget Deficits In The Short And Long Run

Section: Chapter Questions

Problem 5DQ

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When is it inappropriate to use monetary and fiscal policy to stimulate or stabilize the economy?

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