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If actual output is below potential output, the Fed will: O lower the federal funds target. O increase the discount rate. increase the federal funds

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If actual output is below potential output, the Fed will: O lower the federal funds target. O increase the discount rate. increase the federal funds target. sell bonds. Question 20 6 pts U.S. federal income taxes are generally while excise taxes are generally progressive progressive Progressive: regressive regressive: progressive proportional regressive

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