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answer the following questions Describe the problems and impact that inflation has on the economy as a whole and the various economic entities (individuals, firms,
answer the following questions
Describe the problems and impact that inflation has on the economy as a whole and the various economic entities (individuals, firms, financial institutions, etc.).
Identify and summarize three specific monetary policy tools that the Fed can use to combat inflation.
Explain how each tool may reduce inflation and how it impacts employment and growth.
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