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Which statement is INCORRECT? The president and congress can lower price inflation by raising federal income taxes. More than one statement is incorrect. The president

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Which statement is INCORRECT? The president and congress can lower price inflation by raising federal income taxes. More than one statement is incorrect. The president and congress can stimulate output and employment by cutting federal income taxes. The president and congress can stimulate output and employment by cutting government spending. The Federal Reserve can stimulate output and employment and lower price inflation by using expansionary monetary policy

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