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

Question 3

Multiple Choice

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


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

Correct Answer:

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