Demand for certain goods has increased since covid began

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Question

The Inflation Reduction Act passed about 4 1/2 months ago.

Current inflation in the United States is estimated to be 7%/

There have been supply shortages. Demand for certain goods has increased since Covid began.

How can inflation be brought under control?

In your three page response think about what actions the Federal Reserve can take, what the larger Federal Government can do in terms of policy or spending. Will the Inflation Reduction Act reduce inflation? What impact will this have on businesses?

Reference no: EM133398017

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