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chinmay arvind
on Oct 12, 2024

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During inflationary recessions

A) both conventional monetary and fiscal policy would work.
B) neither conventional monetary nor fiscal policy would work.
C) conventional monetary policy would work,but conventional fiscal policy would not work.
D) conventional fiscal policy would work,but conventional monetary policy would not work.

Inflationary Recessions

Economic periods characterized by slowing growth (recession) coupled with rising prices (inflation), presenting a challenging scenario for policy makers.

Monetary Policy

The process by which a country's central bank or monetary authority controls the supply of money, often targeting an inflation rate or interest rate to ensure economic stability.

Fiscal Policy

Government policies regarding taxation and spending to influence the economy, aimed at controlling inflation, reducing unemployment, and fostering economic growth.

  • Acquire knowledge on how fiscal measures and monetary strategies influence periods of economic decline and the rate of inflation.
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Carson RussoOct 17, 2024
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