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Figure 15-14 -Refer to Figure 15-14.In the Figure Above,suppose the Economy in the Economy

Question 52

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Figure 15-14 Figure 15-14 -Refer to Figure 15-14.In the figure above,suppose the economy in Year 1 is at point A and is expected in Year 2 to be at point B.Which of the following policies could the Federal Reserve use to move the economy to point C? A) decrease income taxes B) increase the required-reserve ratio C) buy Treasury bills D) sell Treasury bills
-Refer to Figure 15-14.In the figure above,suppose the economy in Year 1 is at point A and is expected in Year 2 to be at point B.Which of the following policies could the Federal Reserve use to move the economy to point C?


A) decrease income taxes
B) increase the required-reserve ratio
C) buy Treasury bills
D) sell Treasury bills

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