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Unformatted text preview: in order to increase the money supply. Many fear that this would increase inflation and ultimately results in a liquidity trap, however the Federal Reserve maintains that prolonging these policies is essential to the recovery of the economy. Further signs of recovery appeared in consumer spending, specifically because of holiday shopping. Hopefully the increase consumer spending trend will last through more than just the holiday season, and the Fed policies maintain a recovering track for the economy....
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This note was uploaded on 01/31/2012 for the course EXPOSITORY 101 taught by Professor Mr during the Spring '06 term at Rutgers.
- Spring '06