If the Governing Council engages in an open market purchase,it will shift the money _____ curve to the _____.

Name: If the Governing Council engages in an open market purchase,it will shift the money _____ curve to the _____.
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Question

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When the Governing Council engages in an open market purchase, it injects money into the economy, which increases the supply of money. This shift in the supply curve results in a rightward movement on the graph, as there is now more money available at any given interest rate.

If the Governing Council Engages in an Open Market Purchase,it