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  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 5: The Behavior of Interest Rates
  5. Question
    When the Government Has a Surplus,as Occurred in the Late
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When the Government Has a Surplus,as Occurred in the Late

Question 1

Question 1

Multiple Choice

When the government has a surplus,as occurred in the late 1990s,the ________ curve of bonds shifts to the ________,everything else held constant.


A) supply;right
B) supply;left
C) demand;right
D) demand;left

Correct Answer:

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