If the inflation rate rises, what effect will the Fed's decision to not change the federal funds

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If the inflation rate rises, what effect will the Fed's decision to not change the federal funds rate have on the U.S. economy? If the economy slips into recession, what effect will the Fed's no-change decision have on the economy?
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Foundations of Macroeconomics

ISBN: 978-0132831000

6th edition

Authors: Robin Bade, Michael Parkin

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