World wide recession
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Please explain how would tightening regulations and a balance monetary policy ensure the global economy does not experience severe economic shock that would lead to a world wide recession. Please give examples. Thanks
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Please explain how tightening regulations and a balance monetary policy would ensure the global economy does not experience severe economic shock that would lead to a world wide recession. Please give examples. Thanks
The tightening regulations and balanced monetary policy refers to the policy of a country. The basic idea is that if every country wisely manages its economy then a worldwide recession can possibly be averted. If every country or most countries use its fiscal policy and monetary policy wisely then a severe economic shock can be averted. Another option is that certain groups of countries act in concert to improve their own economies and the effect of that being that severe economic shock on the globe. There are ...
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