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Refer to the Figure Below Where the Nominal Interest Rate

question 149

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Refer to the figure below where the nominal interest rate equals 6% and the money supply equals 600. If the Federal Reserve wants to set the nominal interest rate at 10%, it must conduct open market _____ to set the money supply at _____. Refer to the figure below where the nominal interest rate equals 6% and the money supply equals 600. If the Federal Reserve wants to set the nominal interest rate at 10%, it must conduct open market _____ to set the money supply at _____.   A)  purchases; 200 B)  sales; 200 C)  purchases; 800 D)  sales; 800


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