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Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 17
If the central bank wants to expand aggregate demand, it can ________ the money supply, which would ________ the interest rate.
A) increase, increase
B) increase, decrease
C) decrease, increase
D) decrease, decrease
A) increase, increase
B) increase, decrease
C) decrease, increase
D) decrease, decrease
Explanation
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Verified
Aggregate demand refers to the total dem...
Essentials of Economics 7th Edition by Gregory Mankiw
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