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Business, 14.04.2020 23:29 jadaos

If the Fed is too slow to react to a recession and applies an expansionary monetary policy only after the economy begins to recover, then .A. the economy will be more stable than if the Fed had not acted. B. the unemployment rate will be higher than if the Fed had not acted. C. the real GDP will be lower than if the Fed had not acted. D. inflation will be higher than if the Fed had not acted.

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