BUSN 115 Course Great Wisdom / tutorialrank.com BUSN 115 Course Great Wisdom / tutorialrank.com | Page 35

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Question 1.1. (TCO 1) The latest economic news is not very positive.
Unemployment rates are higher than expected, consumer confidence
has fallen, and companies are reporting layoffs are in order. The
Federal Reserve chairman acknowledges the economy is in a
recession. What actions might the federal government and the Federal
Reserve take to give the economy a boost? What are these policies
called? (Points : 10)