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Uh-oh. The national economy has shrunk two quarters in a row, and everyone is starting to worry that we are entering a recession. As Chair
Uh-oh. The national economy has shrunk two quarters in a row, and everyone is starting to worry that we are entering a recession. As Chair of the Federal Reserve, you have reviewed the numbers and have decided to take action to revive the economy. Which of the following options do you pursue? Question 42 options: Increase government spending Increase the federal funds rate (a.k.a. interest rate) Increase taxes Decrease taxes Lower the federal funds rate
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