Both ________ and ________ are Federal Reserve assets

A) currency in circulation; reserves
B) currency in circulation; securities
C) securities; loans to financial institutions
D) securities; reserves

C

Economics

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During a recession, cyclical unemployment ________ and real GDP ________

A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; increases E) does not change; decreases

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An increase in income tax rates will

What will be an ideal response?

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