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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Which of the following characterizes the Fed's ability to prevent recessions?
A) The Fed is able to "fine tune" the economy and entirely eliminate recessions.
B) The Fed is incapable of changing aggregate demand through its monetary policy tools.
C) The Fed is able to keep a recession shorter and milder than it would otherwise be.
D) The Fed is able to eliminate the business cycle and achieve absolute price stability.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 454 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
8 years ago
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Tidy Author
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8 years ago
You make an excellent tutor!
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Thanks
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2 hours ago
This helped my grade so much Perfect
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