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Social Studies, 02.06.2021 18:30 brennanjb00

You are a member of the Federal Reserve Board. Your associate has just handed you the following economic information: GDP -2%
Unemployment 10%

What monetary policies would the Fed do?

A. Let market forces operate by doing nothing

B. Lower interest rates to make businesses and consumers spend more

C. Raise interest rates and make consumers spend less

D. Lower taxes and increase government spending

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Answers: 3

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