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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

How can the government use monetary policy and fiscal policy to reduce the effects of an economic crisis?

Summary Introduction

To Discuss: The ways how government utilize fiscal and monetary policy to decrease the effects of economic crisis.

Introduction: Fiscal policy is set up to guarantee financial or economic development of a nation. Monetary policy discusses about the development and supply of cash.

Explanation

The ways how government utilize fiscal and monetary policy to decrease the effects of economic crisis is as follows:

The government utilizes both monetary policy and fiscal policy to guide the economy. Monetary and fiscal policies are utilized by the government to balance the impacts of recession and depression...

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