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Answer to Question #16223 in Economics of Enterprise for babu
Question #16223
(a) When the economy approaches full employment, why does demand-pull inflation become a problem?
When the economy is heading into a recession what economic policy instruments can the government and the central bank use to prevent this from occurring? Will these instruments work to prevent the onset of recession?
When the economy is heading into a recession what economic policy instruments can the government and the central bank use to prevent this from occurring? Will these instruments work to prevent the onset of recession?
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