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Business, 08.05.2021 01:00 EricaLSH3588

During the late 70s and early 80s, the U. S. economy faced an inflationary period. The chairman of the Fed at that time, Paul Vocker, pursued a monetary policy to reduce inflation in the long run. The principal method used by the Federal Reserve to change the money supply is through open market operations. (a) Which policy would accomplish the Fed's goal to reduce inflation (buy or sell bonds) in the long run

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