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Refer to the Figure Below Where the Nominal Interest Rate

question 42

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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 lower the interest rate to 4%, it must _____ the money supply to _____. Refer to the figure below where the nominal interest rate equals 6% and the money supply equals 600. If the Federal Reserve wants to lower the interest rate to 4%, it must _____ the money supply to _____.   A)  increase; 800 B)  decrease; 800 C)  increase; 1,000 D decrease; 400


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