To fight a recession, which would be the appropriate monetary policy actions? ments O Fed buys bonds, lowers interest rates, lowers required reserve ratio Fed lowers tax rates and raises government spending O Fed raises tax rates and lowers government spending O Fed sells bonds, raises interest rates, raises required reserve ratio Resources D Question 8 2 pts According to Keynes, the reason why market recessions may be so severe and last so long is because the government is keeping markets from working effectively O flexible market prices are inherently chaotic and damaging prices are sticky and prevent market clearing O markets never equilibrate and always need government help to purchase surpluses D Question 9 2 pts