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Business, 03.04.2020 03:14 clairajogriggsk

Suppose U. S. aggregate output is still below potential by 2020 and the Fed chair announces his policy. Suppose his or her approach to monetary policy can be summarized by the following statement: "I care only about increasing employment; inflation has been at very low levels for quite some time; my priority is to ease monetary policy to promote employment

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Suppose U. S. aggregate output is still below potential by 2020 and the Fed chair announces his poli...

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