Monetary policy to combat a recession

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What will happen if the Federal Reserve pursues expansionary monetary policy to combat a recession? Explain fully (Include graphs with your answer)

What will happen if the federal government (Congress) decides to use fiscal policy to combat a recession? Explain fully (Include graphs with your answer)

The Federal Reserve may raise its benchmark interest rate later this month. How is this achieved? Explain the consequences fully. (Include graphs with your answer)

Reference no: EM131781424

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