Multiple Choice
If the Fed raises the federal funds rate,eventually the
A) AD curve shifts rightward and real GDP increases.
B) AD curve shifts leftward and real GDP decreases.
C) AS curve shifts rightward and real GDP increases.
D) AS curve shifts leftward and real GDP decreases.
E) AD curve shifts rightward and real GDP decreases.
Correct Answer:

Verified
Correct Answer:
Verified
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