Expect traditional expansionary monetary and fiscal policies

Reference no: EM13690248

One would expect traditional expansionary monetary and fiscal policies to be more than minimally effective in terms of curing, or at least mitigating against:

a. Frictional unemployment only-at best

b. Cyclical unemployment only-at best

c. Structural unemployment only-at best

d. Frictional and cyclical about equally well

Reference no: EM13690248

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