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Why might the Fed want to focus its efforts on reducing long-term interest rates rather than short- term interest rates during a weak economy? Explain
Why might the Fed want to focus its efforts on reducing long-term interest rates rather than short- term interest rates during a weak economy? Explain how it might use a monetary policy focused on influencing long-term interest rates. Why might such a policy also affect short-term interest rates in the same direction? 
Why might the Fed want to focus its efforts on reducing long-term interest rates rather than shortterm interest rates during a weak economy? Explain how it might use a monetary policy focused on influencing long-term interest rates. Why might such a policy also affect short-term interest rates in the same direction
Why might the Fed want to focus its efforts on reducing long-term interest rates rather than short- term interest rates during a weak economy? Explain how it might use a monetary policy focused on influencing long-term interest rates. Why might such a policy also affect short-term interest rates in the same direction?
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