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Why Would Most Economists Default Usually First to Monetary Policy

question 8

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Why would most economists default usually first to monetary policy for stabilization before using fiscal policy?


Definitions:

FAB Selling Technique

A sales strategy emphasizing the Features, Advantages, and Benefits of a product or service to persuade potential customers.

Regular Cola

A standard, traditional flavor of cola beverage, not characterized by any unique or distinguishing ingredient adaptations.

Need

A basic requirement or necessity that motivates behavior towards its satisfaction.

Want

A desire or wish for something that is not necessarily needed but is desired by an individual.

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