Question

The government (and the central bank) has an easier job of dealing with the macroeconomic impacts...

The government (and the central bank) has an easier job of dealing with the macroeconomic impacts of consumers and investors being pessimistic about the future of the economy than the period of stagflation. Do you agree? Explain

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Answer #1

ANSWER :-

Given that

The government (and the central bank) has an easier job of dealing with the macroeconomic

That  impacts of consumers and investors being pessimistic about the future of the economy than the period of stagflation.

Yes I agree.Because ,

Stagflation happens when an economy is experiencing stagnation and expansion, which implies there is no monetary development, high joblessness, and significant expenses then consumers and investors being pessimistic about the future of the economy

The government (and the central bank) has an easier job of dealing with the macroeconomic impacts of consumers and investors being pessimistic about the future of the economy than the period of stagflation. is true

Thank you

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