Question: How do I solve this question for a Macroeconomics course? Use the theory of the long run Philips Curve, and the potential for expansionary monetary
How do I solve this question for a Macroeconomics course?
"Use the theory of the long run Philips Curve, and the potential for expansionary monetary policy to provide short run stimulus, to explain why direct control of monetary policy is given to the Federal Reserve rather than elected politicians."
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