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Consider our most recent recession. Suggest an appropriate monetary policy intervention to remedy the situation. Explain how the Fed will carry out this intervention (suggest
Consider our most recent recession. Suggest an appropriate monetary policy intervention to remedy the situation. Explain how the Fed will carry out this intervention (suggest a specific tool and how it can be used), and what the actions of the banking system will (may) e after the Fed's intervention. How will this affect the AD, what will be the effects on inflation and unemployment.
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