How would they be affected by alternative policy combination

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"We can have the GDP path we want equally well with a tight fiscal policy and an easier monetary policy, or the reverse, within fairly broad limits. The real basis for choice lies in many subsidiary targets, besides real GDP and inflation, that are differentially affected by fiscal and monetary policies." What are some of the subsidiary targets referred to in the quote? How would they be affected by alternative policy combinations?

Reference no: EM131136486

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