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vellojo vellojo
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Posts: 2982
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7 years ago
Which of the following describes the chain of events the Fed uses to fight recession?
A) Lower the federal funds rate target, buy government securities, increase reserves and loans, increase aggregate demand.
B) Raise the federal funds rate target, sell government securities, decrease reserves and loans, increase aggregate demand.
C) Raise the federal funds rate target, buy government securities, increase reserves and loans, decrease aggregate demand.
D) Lower the federal funds rate target, buy government securities, decrease reserves and loans, decrease aggregate demand.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
Read 139 times
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
yaderayadera
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Posts: 492
7 years ago
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vellojo Author
wrote...
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
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