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Please state true false or Uncertain. Please explain in 3 or more sentences on why you choose it:...

Please state true false or Uncertain. Please explain in 3 or more sentences on why you choose it:

1) A central bank that targets inflation would conduct an expansionary monetary policy when faced with a recessionary gap.

2)If the policy response discussed in A6-7 is mistimed, it risks becoming pro-cyclical rather than stabilizing.

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cm sau an expansionas a recess ionasya decrea de in demand,as rec ers,enittuo ,s an Un emf lodment, gome n crees e the deman

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