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Author Question: Refer to Figure 15-10.In the figure above, suppose the economy is initially at pointA. ... (Read 137 times)

james9437

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Question 1

Figure 15-9











Refer to Figure 15-9. In the figure above suppose the economy is initially at point A. The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by the Federal Reserve?


◦ a decrease in income taxes
◦ an increase in the required reserve ratio
◦ an open market purchase of Treasury bills
◦ an open market sale of Treasury bills

Question 2

Figure 15-10












Refer to Figure 15-10. In the figure above, suppose the economy is initially at point A. The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by the Federal Reserve?


◦ an increase in income taxes
◦ a decrease in the required reserve ratio
◦ an open market purchase of Treasury bills
◦ an open market sale of Treasury bills


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Marked as best answer by james9437 on Mar 16, 2019

Melissahxx

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Melissahxx

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