What could the federal reserve system do in a year

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The unemployment rate is the US fluctuated around 6% in 2002-2003 . Assume the full employment unemplyoment rate is 5% . What could the FED ( Federal reserve system) do in 2002-2003 in order to bring the economy back to full-employment ? What did the FED actually do ?

Reference no: EM13225134

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