Electricia × Prairie Virh Course: F ×fhAssignm × W2123-f17 × ng for Ooks, Sheets

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Electricia × Prairie Virh Course: F ×fhAssignm × W2123-f17 × ng for Ooks, Sheets&Slides; chrome-extension://bpmcpldpdmajfigpchkicefoigmkfalc/views/app.html oCX ols Help 12. Blu A.B-E| Normal . Times New 3. Suppose that unemployment is very high in the U.S. and inflation is very low. You are President of the United States. Which policy do you recommend that the U.S. Congress pass as a new bill for you to sign into law? (Pick one) a) Open market purchase of government securities b) Reduction in government spending c) Increase in the required reserve ratio d) Cut in personal (household) tax rates You are Chair of the Federal Reserve System. approve? (Pick one) Which policy do you recommend that the Board of Governors a) Open market purchase of government securities b) Reduction in government spending c) Increase in the required reserve ratio d) Cut in personal (household) tax rates

Explanation / Answer

1)

d) cut in personal (household) tax rates

2)

a) open market purchase of government securities

the above would boost money supply and result in higher growth in the country

the above are answers

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