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FIGURE 27-3 Refer to Figure 27-3.Part (i) of the figure shows the money market and the effect of an increase in the supply of money.The corresponding sequence of events in the bond market is as follows: The ________ of money at i0 leads firms and households to ________ bonds,which leads to a(n) ________ in the price of bonds and a decrease in the interest rate.
Motivated
The condition of being eager or willing to act or work toward a goal due to personal desire or external incentive.
Self-Disciplined
The ability to control one's feelings, impulses, and actions in order to achieve long-term goals or adhere to a particular set of standards.
Excuses
Reasons or explanations provided to justify actions or decisions, often used to mitigate blame or responsibility.
Psychological Hardiness
The personal trait of resilience and strength in facing stress and adversity.
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