Question: 3. Explain what the Fed should do to remove a recessionary gap. Illustrate the effect of its policy with an AD/SRAS/LRAS graph. Make sure to
3. Explain what the Fed should do to remove a recessionary gap. Illustrate the effect of its policy with an AD/SRAS/LRAS graph. Make sure to mention all the tools of monetary policy.
i know the answers are online however i need an original answer please.
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