You recommend that the fomc do to stimulate the economy

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Reference no: EM131964258

Assume that you are attending a meeting of the Federal Reserve’s Open Market Committee (FOMC). There is great concern among the members present that the economy is in a recessionary trend.

a. What would you recommend that the FOMC do to stimulate the economy?

b. Explain the chain of events that occurs when the FOMC takes the action that you recommended in part a?

Reference no: EM131964258

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