What are the pros and cons of using contractionary


Adopting a contractionary policy

1) By law the Federal Reserve is required to pay attention to both unemployment and inflation. How does the Federal Reserve accomplish these goals?

2) What are the pros and cons of using contractionary and expansionary monetary policy tools under the following scenarios: depression, recession, and robust economic growth?

3) What is more appropriate of the tools today?

 

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Business Economics: What are the pros and cons of using contractionary
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