What are some problems that might result in a recession, and how should the government react in terms of fiscal and monetary policy?
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What are some problems that might result in a recession, and how should the government react in terms of fiscal and monetary policy?
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Fiscal and monetary policy can be used be used in response to economic conditions. What are some problems that might result in a recession, and how should the government react in terms of fiscal and monetary policy? What about a period of excessively robust economic growth? Explain and give examples.
