Question: 6. Predict whether unemployment will increase or decrease as a result of each of the following monetary policies. If it is unanticipated? What if it

6. Predict whether unemployment will increase or decrease as a result of each of the following monetary policies. If it is unanticipated? What if it is anticipated?

a. a reduction in the discount rate from 6 percent to 5.5 percent

b. an open market sale by the Federal Reserve Bank

c. an increase in the required reserve ratio from 10 percent to 12 percent

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