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What specific tools will fed use to achieve this there are

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If the economy faces a recession, what type of policy should the Federal Reserve Bank employ? Specifically, what must happen to the money supply, interest rates, and AD? What specific tools will the Fed use to accomplish this (there are 3)? What is the effect of the policy on Price Level, Unemployment, Actual RGDP, and Potential RGDP?

Reference no: EM13455925

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