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Dilemma!
How can the federal Reserve Board manipulate monetary policy to find solutions to fiscal economic concerns such as deflation, inflation, and unemployment? Thanks!
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it can lower and raise interest rates, manipulate the federal reserve that has to be held at banks, and try to keep the economy at 0 % inflation. in doing so, it'll keep our NAIRU from rising, and, becaus there is no long-term philip's curve, unemployment and inflation will, eventually, stop being inversely proportional.
god, i'm wonderful :)
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