contestada

What is likely to be the best approach to a recession that is expected to turn into an expansion in a short time?

A.)Use monetary policy to raise interest rates.
B.)Use monetary policy to lower interest rates.
C.)Do nothing and let the economy fix itself.
D.)Use fiscal policy to lower interest rates.

Respuesta :

Answer:

Do nothing and let the economy fix itself.

Explanation:

This is the answer grad point wants

jayilych4real

The best approach to a recession that is expected to turn into an expansion in a short time is to:

  • C.) Do nothing and let the economy fix itself.

According to the given question, we are asked to state the  best approach to a recession that is expected to turn into an expansion in a short time.

As a result of this, we can see that a recession has to do with an economic turmoil where prices of commodities are going higher and causes hardship to the people.

With thi in mind, we an see that when a recession is expected to turn to an expansion in a short time, then it is best to do nothing because the economy would fix itself.

Therefore, the correct option is option C

Read more about recession here:

https://brainly.com/question/20597683

Otras preguntas