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______ is compared to expansionary monetary policies adopted to counteract a recession

User Iehrlich
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Answer:

Higher interest rates

Step-by-step explanation:

Higher interest rates is compared to expansionary monetary policies adopted to counteract a recession as it helps to moderate a country's economic growth by raising the costs of borrowing, reduce consumer spending, improving exchange rates and reduce inflation.

High interest rates are commonly caused as a result of an increase in demand for credit or money.

User LandonWO
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