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Now we know that one of the Fed's mandates is price stability. What would the Fed have to do , in terms of open market
Now we know that one of the Fed's mandates is price stability. What would the Fed have to do in terms of open market operations, so that the price level remains at its initial value? Assume the money multiplier is Please show your work.
S g points What else could the Fed do besides conducting open market operations, in order to for the price level to remain at its initial value? Please explain how this would work.
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