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Monetary policy of the Federal Reserve affects the monetary base to achieve its goal of rates of inflation and interest. T or F

The buying of securities in the open market by the Federal Reserve will augment the monetary base of the economy. T or F

The science of macroeconomics:

solved the Great Depression, did not solve the Great Depression but kept the U.S. economy from suffering, emerged during the decade of the Great Depression, or did not evolve until after WW II so had no connection to the GD

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