A student says the following: I understand why the Fed uses expansionary policy, but I don't understand

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A student says the following: "I understand why the Fed uses expansionary policy, but I don't understand why it would ever use contractionary policy. Why would the government ever want the economy to contract?" Briefly answer the student's question.

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 07:54 AM

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A student says the following: I understand why the Fed uses expansionary policy, but I don't understand

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The Fed typically uses contractionary monetary policy in situat...View the full answer

Economics

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