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- What is the monetary fiscal policy and who runs it?
- policy refers to the tax and spending policies of the federal government.
- What are three main monetary policy tools,What are the two fiscal policy tools?
- taxes and spending
- : reserve requirements, the discount rate, and open market operations.
- consumers who borrow money pay their banks and other creditors more in the form of higher interest rates
- What impact would the Fed’s increasing interest rates have on loans?
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