23. In the summer of 2020, The Federal Reserve made a major change in its monetary policy when it announced that it will:

Lower interest rates when economic growth exceeds its long-run potential rate

Allow the inflation rate to exceed 2 percent after periods of below target inflation

Tighten the money supply to lower inflation when the economy experiences a recession

Raise interest rates when the unemployment rate falls below the NRU

24. If expansionary aggregate demand policies push the UR < NRU, some economists forecast that there will be:

A reduction in frictional unemployment

A need to use more quantitative easing and larger tax cuts

An increase in inflation

An increase in long-term poverty