Question: Please read the chapter-opening case Where Did All the Money Go on page 508 and answer the following questions: Do you think the current fiscal

Please read the chapter-opening case "Where Did All the Money Go" on page 508 and answer the following questions:

  1. Do you think the current fiscal policy adopted by the Federal Reserve is helping the economy?
  2. What would you differently to get the US economy back on track for economic growth and reduce the US deficit?
  3. Where do interest rates go from here? Should the Fed reduce or increase interest rates? Explain.

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