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Question: [1] What is the "current macroeconomic situation" (e.g. worrying about inflation and/or recession) in the U.S.? [2] What should the U.S. Congress and the Federal Reserve do about it?
1. Write your individual answers to both questions listed above together not each minimum 350 words. Graphs may be used to illustrate your points. 2. Your answers must include expansionary fiscal policy tools, FOMC, easy money policy tools—some—not all--of these and/or other terms from this week.
3. You must use at
What is the effective monthly rate over 7.3 years on a loan whose compound monthly rate is 5.475%?
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