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Suppose we are in a recession. Unemployment is high, and the economy is growing below the desired 3 to 3.5 percent growth rate. How could

Suppose we are in a recession. Unemployment is high, and the economy is growing below the desired 3 to 3.5 percent growth rate. How could the Fed utilize its monetary policy tools to stimulate the economy and put the country back to work? True or False: If the Fed reduces the discount rate, this could stimulate economic growth. True False

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