FILL IN THE BLANK a_____approach to solving the recession in this example would have no uncertainty regarding the attainment of the short term benefits and would have no risk regarding the possibility of longer run costs.

In this case, a monetarist strategy for resolving the recession would undoubtedly include uncertainty regarding the realization of short-term gains and would undoubtedly have risk regarding the likelihood of longer-run costs.

What is the definition of monetary policy strategy?

Monetary policy is a collection of instruments used by a country's central bank to regulate the general money supply and encourage economic growth, which includes methods such as altering interest rates and bank reserve requirements.

Monetary policy is a collection of acts designed to govern a country's total money supply and promote economic growth.
Interest rates and bank reserve requirements are two examples of monetary policy initiatives.
Monetary policy is often defined as expansionary or contractionary.
The Federal Reserve frequently employs three monetary policy strategies: reserve requirements, the discount rate, and open market operations.

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