In the Keynesian model, the difference between using monetary and fiscal policy to eliminate a recession is

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In the Keynesian model, the difference between using monetary and fiscal policy to eliminate a recession is that________.

an expansionary fiscal policy will leave the economy with a lower real interest rate than an expansionary monetary policy.

fiscal policy will eliminate a recession quicker than monetary policy will.

monetary policy will eliminate a recession quicker than fiscal policy will.

an expansionary monetary policy will leave the economy with a lower real interest rate than an expansionary fiscal policy.

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International Economics

ISBN: 9780357518915

18th Edition

Authors: Robert Carbaugh

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Posted Date: Feb 14, 2024 06:04 AM

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In the Keynesian model, the difference between using monetary and fiscal policy to eliminate a recession is

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