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1. How would the Federal Reserve conduct policy if the economy faced very high unemployment rates? 2. What are some of advantages and disadvantages of

1. How would the Federal Reserve conduct policy if the economy faced very high unemployment rates?

2. What are some of advantages and disadvantages of monetary policy in comparison to fiscal policy?

3. Explain how a strong economy will impact interest rates in the loan market?

4. What are financial intermediaries? What do they play in the economy?

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