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Congratulations! You have been appointed as a member of the FOMC. Using the indicators below describe in detail what type of monetary policy you would

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Congratulations! You have been appointed as a member of the FOMC. Using the indicators below describe in detail what type of monetary policy you would prefer or use and what tools, in order, you would use to carry out that policy. Use all the tools, explain how you would use them, and be detailed! CPI: 3.7% PPI: 6.8% GDP: 5.1% Unemployment: 4.9% GOOD LUCK

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