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Macropoland is currently experiencing a recession--consumption and investment are very sluggish, and unemployment is quite high...

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General Management

Macropoland is currently experiencing a recession--consumptionand investment are very sluggish, and unemployment is quite high at9%. Currently, inflation is very low at 0.4% (the historicalaverage rate of inflation is about 2%). The Macropolish Presidenthas just hired you as her economic advisor. Your job is toprescribe policy that would enable the economy to recover from therecession. Explain how you could use the standard tools ofexpansionary monetary policy and expansionary fiscal policy tostimulate this economy towards economic growth.

Develop a response that includes examples and evidence to supportyour ideas, and which clearly communicates the required message toyour audience. Organize your response in a clear and logical manneras appropriate for the genre of writing. Use well-structuredsentences, audience-appropriate language, and correct conventionsof standard American English.

Answer & Explanation Solved by verified expert
3.8 Ratings (407 Votes)
Answer Since the economy is in doldrums an arrangement blend of both expansionary financial approach and expansionary monetary strategy is expected to build the general degree of the total interest in the economy Thinking about the job    See Answer
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