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Answer to Question #128518 in Macroeconomics for jam
Question #128518
Explain using the IS-LM and AD-AS models how Fiscal Policy and Monetary Policy can be used during covid19 to stabilize the economy.
Expert's answer
Expansionary fiscal (decrease in taxes, increase in government spending) and monetary (decrease in interest rates, increase in money supply) policies can be used during covid19 to stabilize the economy.
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