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Preempt - Take action in order to prevent an anticipated event from happening. 1)Why is it important for the Fed to preempt the problem of

Preempt - Take action in order to prevent an anticipated event from happening.

1)Why is it important for the Fed to preempt the problem of unemployment? (Hint: Relate to the monetary policy sequence)

2)Why does fiscal policy have difficulty in preempting a problem?

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