The Fed's countercyclical policy during expansion and prosperity includes:
A. raising the required reserve ratio, raising the discount rate, and selling government bonds on the open market.
B. raising the required reserve ratio, raising the discount rate, and buying government bonds on the open market.
C. raising the required reserve ratio, cutting the discount rate, and selling government bonds on the open market.
D. lowering the required reserve ratio, cutting the discount rate, and buying government bonds on the open market.
Answer: A
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What will be an ideal response?