How can the government offset a lack of private demand? How does this help prevent a recession?
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How can the government offset a lack of private demand? How does this help prevent a recession?
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When there is a lack of private demand in the economy often due to factors like economic downturns financial crises or external shocks the government can use fiscal and monetary policy tools to help o...View the full answer
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Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
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