Question: Please answer the following. Suppose the U . S . economy enters a period of a long recession. If you were an economic advisor to
Please answer the following.
Suppose the US economy enters a period of a long recession. If you were an economic advisor to the president, what advice would you give to the president in order to get out of recession? Discuss the pros and cons of each action and relate it to the shortfun as well as the long run aggregate supply and demand. Hint: use fiscal policies actions by the government or monetary policies actions taken by the Fed or combination of both.
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