An expansion/ boom can be stabilized/fixed by following expansionary fiscal policy. Expansionary monetary policy used to fix stagflation can worsen the problem of inflation. Recession caused by a negative demand shock is fixed by an expansionary monetary policy. A boom can be stabilized/fixed by following contractionary monetary policy.

An expansion/ boom can be stabilized / fixed by following expansionary fiscal policy.

Explanation:

The statement mentioned above is not correct, rest of all the statements are correct. An expansionary fiscal policy is used when money supply is increase in the economy. This will raise spending and taxes will be cut down in order to increase investments in the country.

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed