Answer to Question #16174 in Economics of Enterprise for a n m
When the economy is heading into a recession what economic policy instruments can the government and the central bank use to prevent this from occurring? Will these instruments work to prevent the onset of recession?
relationship can be demonstrated by Fillips curve.
first of all, economic
policy should be formed using reasons, which lead this recession. But in general
government and central bank should use stabilizing methods, strict measures in
problem areas and stimulating in crutial spheres of national economy.
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