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  • 13 terms

    Term:

    Pro: policymakers should try to stabilize the economy when aggregate demand is too small

    Definition:

    Policymakers should boost government spending, cut taxes, and expand the money supply to battle the high unemployment that occurs

    • Macroeconomics: Chapter 23
    • 13 terms
    • Vocabulary for Macroeconomics: Chapter 23. Find, create, and access Macroeconomics, Inflation, Monetary Policy, economic downturn flashcards with Course Hero.

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