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Which of the following statements about US Federal Reserve policy is true? A. The Federal Reserve likes to see inflation at 1% or lower. B.

Which of the following statements about US Federal Reserve policy is true? A. The Federal Reserve likes to see inflation at 1% or lower. B. The Federal Reserve fights inflation by cutting interest rates. C. The Federal Reserve has a dual mandate to address both employment and inflation. D. The Federal Reserve has a target unemployment rate of 4%

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