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Loraine Loraine
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10 years ago
When the economy is in a recession, the Fed can ________ the federal funds rate, which ________ aggregate demand and ________ real GDP.
A) lower; increases; decreases
B) raise; decreases; increases
C) lower; increases; increases
D) raise; increases; decreases
E) lower; decreases; decreases
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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10 years ago
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