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04.06.2020 20:50
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How did the federal reserve system help keep the 1920s economy stable?

How did the federal reserve system help keep the 1920s economy stable?
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alizeleach0123
alizeleach0123
4,8(21 marks)
The Federal Reserve uses expansionary monetary policy when it lowers interest rates. That expands credit and liquidity. These make the economy grow faster and create jobs. If the economy grows too much, it triggers inflation.
igivehead666
igivehead666
4,7(64 marks)
The Federal Reserve uses expansionary monetary policy when it lowers interest rates. That expands credit and liquidity. These make the economy grow faster and create jobs. If the economy grows too much, it triggers inflation.
ICyberAngel
ICyberAngel
4,5(29 marks)

it’s A :)

Explanation: I got it right on the test

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