What discretionary fiscal and monetary policies

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What discretionary fiscal and monetary policies might Keynesian economists recommend to close a recessionary gap, and thus stabilize an economy? Explain how they work.

What are the limitations of these policies? Why might they not be effective?

Reference no: EM13974820

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What discretionary fiscal and monetary policies : What discretionary fiscal and monetary policies might Keynesian economists recommend to close a recessionary gap, and thus stabilize an economy? Explain how they work. What are the limitations of these policies? Why might they not be effective?

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