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Compare and contrast the phase of the business cycle

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Reference no: EM132581313

1. Compare and contrast the phase of the business cycle.

2. Explain what happens to the interest rate if the money supply increases or decreases and the money demand remains unchanged. Explain what happens to the interest rate if the money demand increases or decreases and the money supply remains unchanged.

3. Compare and contrast expansionary and contractionary fiscal policy.

 

Reference no: EM132581313

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