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    curb an inflationary trend

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    All the following are policies that might be used to curb an inflationary trend, with the exception of:

    A) an increase in personal tax rates.
    B) an increase in the federal deficit.
    C) an increase in the reserve requirements of banks.
    D) a reduction in government spending.
    E) all of the above, with no exception.

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    Monetarists emphasize increasing interest rates in the hope of reducing the money supply thus ...

    Solution Summary

    How to curb an inflationary trend is advised.