Countercyclical monetary policy stimulates the economy

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Which of the following statements is? true? A. Countercyclical monetary policy stimulates the economy during a recession by shifting the labor demand curve to the left. B. Countercyclical monetary policy slows down the growth rate of an economy during an expansion by shifting the labor demand curve to the left. C. Countercyclical fiscal policy stimulates the economy during a recession by shifting the labor demand curve to the left. D. Countercyclical fiscal policy slows down the growth rate of an economy during an expansion by shifting the labor demand curve to the right.

Reference no: EM131161884

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