Figure 14-2 
-Refer to Figure 14-2. Which panel represents the result of the purchase of bonds in the open market by the Fed?
Definitions:
Sellers
Individuals or entities that offer goods or services for sale to consumers or other businesses, participating in economic transactions.
Tax
A compulsory financial charge or some other type of levy imposed by a governmental organization on individuals or entities to fund public expenditures.
Price
The sum of money needed to buy a product, service, or property.
Producer Surplus
The difference between the amount producers are willing to sell a good for and the higher price they actually receive.
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