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Business, 30.11.2019 06:31 judyd452

You are asked to spend a week or so as the fed chairman. it turns out to be a very interesting week. if your goal is to stabilize inflation and economic activity, what would be your response to these three events? consider each event individually, independent from the others:

(a) a rapid rise in the stock markets rapidly increases people’s wealth.

(b) chilean citizens get a sudden taste for buffalo hot wings (they must be made in buffalo).

(c) firms begin to grow anxious about the decline in consumer confidence.

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