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Basic Question 1 of 4

If the economy is in a recession, ______

A. monetary policy will be more effective than fiscal policy.
B. fiscal policy will be more effective than monetary policy.
C. it's not clear which policy will be more effective.

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

explain the interaction of monetary and fiscal policy

CFA® 2024 Level I Curriculum, Volume 1, Module 4.