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Author Question: Other things equal. an open market purchase of government securities by the Fed will not result in ... (Read 78 times)

madam-professor

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on: Jun 30, 2018
Other things equal. an open market purchase of government securities by the Fed will not result in which of the following?
 a. increased bond prices
 b. a reduced volume of loans issued by the commercial banking system
  c. decreased interest rates
 d. an increase in the price level

Question 2

The long-run Phillips curve assumes that every unemployed worker who is looking for a job has a constant reservation wage.
 a. True
  b. False
  Indicate whether the statement is true or false


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mcomstock09

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


madam-professor

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

hollysheppard095

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Reply 3 on: Yesterday
Excellent

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