Expansionary policies are designed to stimulate the econ
Question and Solution
Expansionary policies are designed to stimulate the economy by increasing aggregate output. Explain why expansionary fis
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Expansionary policies are designed to stimulate the economy by increasing aggregate output. Explain why expansionary fiscal policy and expansionary monetary policy have opposite effects on the interest rate despite having the same goal of increasing aggregate output. Illustrate your answer with graphs of the money market.
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