Question: Which is NOT needed for the Fed to design and implement effective monetary policy to reduce the severity and length of a recession? a. the

Which is NOT needed for the Fed to design and implement effective monetary policy to reduce the severity and length of a recession? a. the ability to control the money supply in a timely manner b. the ability to change taxes c. reliable, accurate data about the state of the economy d. banks that are responsive to the Fed's actions

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