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Recessionary phase of the business cycle

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Reference no: EM131901843

Suppose the economy has entered the recessionary phase of the business cycle. Critically evaluate and explain the appropriate policy that the federal government as well as the central bank of the United States should implement in order to end the recession. Consider thoroughly the purposes, tool, and limitations of the appropriate policies that should be implemented by the government and the federal reserve, central bank of the United States.

Reference no: EM131901843

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