Question
A. What corrective action would you recommend if the country was experiencing a recession? Ans: B. Congress and the Federal Reserve are two separate entities
A. What corrective action would you recommend if the country was experiencing a recession?
Ans:
B. Congress and the Federal Reserve are two separate entities that operate independently. What could go wrong if they don't coordinate their actions?
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C. How do Congress and the Fed know that what they are doing is helping the economy?
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D. The Federal Reserve buys bonds to help with a recession in the economy. Show and explain the impact of this action on the economy by graphing the linkages.
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Note: Above 4 questions are not applicable to each other.
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