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The Federal Reserve and Congress are trying to conduct various actions to address the current recession. The Federal Reserve does so by buying bonds to
The Federal Reserve and Congress are trying to conduct various actions to address the current recession. The Federal Reserve does so by buying bonds to increase the money supply and lowering the federal funds rate. Congress attempts to combat the recession by increasing funding for employment programs and social assistance. Which shock would be considered financial, and in which direction would it shift the monetary policy curve? the Fed's action; down Congress's action; down the Fed's action; up Congress's action; up
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