Explain why business and consumer expectations

Question # 00578133 Posted By: dr.tony Updated on: 08/24/2017 08:55 AM Due on: 08/24/2017
Subject Economics Topic Macroeconomics Tutorials:
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Business and Consumer Expectations Concerning Monetary Policy

Explain why business and consumer expectations about the economy are more important when the Fed uses expansionary monetary policy then contractionary monetary policy. Be specific by explaining how monetary policy works to either increase or decreases GDP.

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