Wednesday, August 5, 2009

To combat inflation during an expansionary phase of the business cycle, the Fed should:?

A. raise the required reserve ratio



B. increase banks%26#039; excess reserves by reducing the discount rate.



C. understake expansionary monetary policy



D. increase the money supply



To combat inflation during an expansionary phase of the business cycle, the Fed should:?tax credit





E. Adopt the gold standard

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