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Author Question: Refer to Figure 15-2.In the figure above, the movement from pointAto pointBin the money ... (Read 27 times)

CBme

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Question 1

Figure 15-1











Refer to Figure 15-1. In the figure above, the money demand curve would move from Money demand
1 to Money demand
2 if


◦ real GDP decreased.
◦ the price level increased.
◦ the interest rate decreased.
◦ the Federal Reserve sold Treasury securities.

Question 2

Figure 15-2










Refer to Figure 15-2. In the figure above, the movement from point A to point B in the money market would be caused by


◦ an increase in the price level.
◦ a decrease in real GDP.
◦ an open market sale of Treasury securities by the Federal Reserve.
◦ a decrease in the required reserve ratio by the Federal Reserve.


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Marked as best answer by CBme on Mar 16, 2019

jazzlynnnnn

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CBme

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Reply 2 on: Mar 16, 2019
Excellent


flexer1n1

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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