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Monetary policies
Stimulating Economic Growth Amid Recessions Through Fiscal and Monetary Measures
November 22, 2023
What role do fiscal and monetary policies play in stimulating economic growth during a recession?
During a recession, governments often implement expansionary fiscal policies (such as increased government spending or tax cuts) to stimulate demand, while central banks use monetary policies (like lowering interest rates or quantitative easing) to encourage borrowing and spending, aiming to revive economic activity and promote growth.
Tags : Fiscal Policies , Monetary Policies , Economic Growth , Recession