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reply to this statement The Federal Reserve have goals that they want to accomplish. Some of them include price stability, high employment, stability of financial
reply to this statement The Federal Reserve have goals that they want to accomplish. Some of them include price stability, high employment, stability of financial markets and institutions followed along with economic growth. A way to get the economy out of a recession is by raising taxes for the government. Then the economy is forced to expand and raise prices at a reasonable amount to make sure the amount of money is controlled. We as well need to create more money from the central bank to create inflation, but even with that, we are digging a deeper hole for us, which will take us out of a recession before we have to deal with inflation. It is similar to having loans, but instead were gaining more money naturally rather than a paycheck from the government. With creating this, it will cause unemployment. We can fix this if we keep ourselves on the brim of losing control over the gross domestic product. There is also a better idea if we raise sales tax gradually rather than a sudden push from the Fed. There is a possibility that there will be no issues of unemployment and that buyers will still buy goods
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