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    Exam 31: The Debate Over Monetary and Fiscal Policy
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    When Will Stabilization Policy Be Most Effective in Combating Recessions
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When Will Stabilization Policy Be Most Effective in Combating Recessions

Question 21

Question 21

Multiple Choice

When will stabilization policy be most effective in combating recessions?


A) When AS is flat
B) When AS is very steep
C) When AS has a moderately upward slope
D) When AS has a moderately downward slope

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