Which of the following policy recommendations, if any, are consistent with the
Chapter 0, Problem 16(choose chapter or problem)
Which of the following policy recommendations, if any, are consistent with the classical, Keynesian, monetarist, and/or modern consensus views of the macroeconomy? a. Since the long -run growth of GDP is 2%, the money supply should grow at 2%. b.Decrease government spending in order to decrease inflationary pressure. c. Increase the money supply in order to alleviate a recessionary gap. d.Always maintain a balanced budget. e. Decrease the budget deficit as a percent of GDP when facing a recessionary gap
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