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Figure 28-1 -Refer to Figure 28-1. What Should the Federal Reserve Do

Question 2

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Figure 28-1 Figure 28-1 -Refer to Figure 28-1. What should the Federal Reserve do if it wants to move from point A to point C in the short-run Phillips curve depicted in the figure above? A) buy treasury bills B) sell treasury bills C) raise the discount rate D) decrease the money supply E) raise taxes
-Refer to Figure 28-1. What should the Federal Reserve do if it wants to move from point A to point C in the short-run Phillips curve depicted in the figure above?


A) buy treasury bills
B) sell treasury bills
C) raise the discount rate
D) decrease the money supply
E) raise taxes

Correct Answer:

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