(04.01 MC) Following U.S. involvement in the Korean War and…
(04.01 MC) Following U.S. involvement in the Korean War and the related period of low unemployment and rising prices, the Federal Reserve intervened to curb growth and decrease inflation. At what point in the business cycle did the Federal Reserve take action? (4 points)
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(06.03 MC) A nonprofit agency sets up a website to channel investments from all over the globe into microloans to support local farms, artisans, and other small businesses in developing nations. Which of the following would be a positive externality for the global environment? (4 points)
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