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Business, 09.12.2021 07:40 rose200215

Briefly explain how the Federal Reserve uses monetary policy to close an inflationary gap. A complete answer must include a brief explanation of the policy tool that can be used and their effects on the money market. Start with the AD/SRAS/LRAS showing the gap and then the solution.

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Briefly explain how the Federal Reserve uses monetary policy to close an inflationary gap. A complet...
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