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Use the following to answer questions .
Exhibit: Investment Demand
-(Exhibit: Investment Demand) Which panel represents the result of the selling of bonds in the open market by the Fed?
Performance-Based
An approach or assessment that evaluates individuals based on their ability to perform tasks, achieve results, or meet specific standards.
Tacit Knowledge
Knowledge gained from personal experience and context, often hard to articulate or transfer to others.
Formal
Refers to something done in accordance with rules of convention or etiquette; suitable for or constituting an official or important situation or occasion.
Explicit
Clearly expressed or fully stated in the actual text.
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