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Three tools used by the Fed to control the money supply? How the Fed used these three tools during the financial crisis of fall 2008? Describe how the Fed has used these tools since then, and what if changes the Fed may make in the near future?
Macroeconomics, Economics
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Question: Assume an economy is described by the following economic parameters: C = 0.8YD YD = Y + TR - tY TR = 100 t = 0.3 I = 1000 - 65i G = 600 L = 0.25Y - 75i M/P = 600 What is the equation that describes the IS curve ...
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