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Basic Question 0 of 6
If the economy is in a recession, ______
B. fiscal policy will be more effective than monetary policy.
C. it's not clear which policy will be more effective.
A. monetary policy will be more effective than fiscal policy.
B. fiscal policy will be more effective than monetary policy.
C. it's not clear which policy will be more effective.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
explain approaches to forecasting a company's operating expenses and working capital
CFA® 2025 Level I Curriculum, Volume 3, Module 7.