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Basic Question 0 of 13

If the Fed wants to fight recession, it should ______

I. lower the federal funds rate target.
II. raise the federal funds rate target.
III. increase the supply of money.
IV. decrease the supply of money.

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe how resourceuse, consumer and business activity, housing sector activity, and external trade sector activity vary over the business cycle and describe their measurement using economic indicators

CFA® 2025 Level I Curriculum, Volume 1, Module 2.