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3 4 . If a banking system has ample reserves, which of the following is an action taken by the central bank that would cause
If a banking system has ample reserves, which of the following is an action taken by the central bank that would cause a decrease in the cyclical rate of unemployment in the short run?
A An increase in the required reserve ratio
B An increase in the policy rate
C An increase in the discount rate
D A decrease in interest on reserves
E A decrease in personal income tax rates
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