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If the Economy Expands, Assuming There Is No Government Response

Question 64

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If the economy expands, assuming there is no government response, explain (using a graph) how it would be possible for equilibrium bond yields to fall.
If the economy expands, assuming there is no government response, explain (using a graph) how it would be possible for equilibrium bond yields to fall.

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The demand for bonds shifts to the right...

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