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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

34. 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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