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If the Fed Makes an Unexpected Open Market of Government

Question 59

Multiple Choice

If the Fed makes an unexpected open market of government securities, the aggregate
Curve shifts rightward and .


A) sale; demand; there is a movement along the short-run Phillips curve
B) purchase; demand; the long-run Phillips curve shifts rightward
C) sale; supply; the short-run Phillips curve shifts upward
D) purchase; demand; the short-run Phillips curve shifts downward

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