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If the economy were experiencing high rates of unemployment and low inflation, the appropriate monetary policy strategy would most likely be:
a. to have the Fed sell securities on the open market.
b. to have the Fed buy securities on the open market.
c. to have the Fed buy securities on the open market while at the same time raising the reserve requirement.
d. to have the Fed cut taxes.
e. None of the above is correct.
What would happen to each of the following economic varibles if the government increased the money supply by 20% per year: M1, interest rates, inflation and wages What impac
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