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 explain, as a member of the Federal Open Market Committee, what you propose to do and what additional information you need to make a better decision. (Remember that the FOMC makes decisions like this given partial information.)

 explain, as a member of the Federal Open Market Committee, what you

propose to do and what additional information you need to make a better decision. (Remember that the FOMC makes decisions like this given partial information.)

-The economy is in the midst of a long recession, and there doesn’t appear to be any sign of relief.

 
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