18. In a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution: Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all.  Carefully compare and contrast fiscal policy and monetary policy.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter14: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, And Sources Of Business Cycles
Section: Chapter Questions
Problem 5E
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18. In a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution:

Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all. 

Carefully compare and contrast fiscal policy and monetary policy. 

 

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