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Imagine that the United States of America is going through severe economic turbulence at the start of a new presidential term. The economic situation of
Imagine that the United States of America is going through severe economic turbulence at the start of a new presidential term. The economic situation of the nation is primarily characterized by inflation and excess production. The new president seeks to address this situation by implementing a demand-side fiscal policy that will stabilize prices and slow inflation. In this fictitious scenario, which of the following actions should the president and Congress consider in order to address the problem? Multiple Choice decrease interest rates on loans to member banks decrease government spending lower the reserve rate of funds that banks must hold increase government spending buy securities to increase the money supply
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