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    Macroeconomics Study Set 17
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    Exam 15: Monetary Policy
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    The Money Supply Curve Is Vertical If
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The Money Supply Curve Is Vertical If

Question 266

Question 266

Multiple Choice

The money supply curve is vertical if


A) banks and the Fed jointly determine the money supply.
B) the Fed is able to completely determine the money supply.
C) banks and households determine the money supply.
D) households and the Fed jointly determine the money supply.

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