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MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter17: The Trade-off Between Inflation And Unemploy
Section: Chapter Questions
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please do not give plagiarised answer make answer unique thnku in advance

Assume that the unemployment rate decreases substantially and that there is very
high inflation. Which of the following is a tool of the Fed that is the least likely, to be
used to influence the economy?
an increase in the discount rate
O a decrease in transfers
a decrease in Government spending
an increase in tax rates
an increase in the RRR
Transcribed Image Text:Assume that the unemployment rate decreases substantially and that there is very high inflation. Which of the following is a tool of the Fed that is the least likely, to be used to influence the economy? an increase in the discount rate O a decrease in transfers a decrease in Government spending an increase in tax rates an increase in the RRR
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