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In an inflationary situation, we expect the Federal Open Market Committee (FOMC) to interest rates to spending today. O raise; induce O lower; induce O

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In an inflationary situation, we expect the Federal Open Market Committee (FOMC) to interest rates to spending today. O raise; induce O lower; induce O lower; reduce O raise; reduceList and explain: (a) two costs of expected inflation and (b) two costs of unexpected inflation

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