To shift the RS curve rightward as illustrated, the Fed has ________ government securities in the open market. The Fed will undertake this type of policy if it is concerned about ________
A) sold; recession
B) sold; inflation
C) bought; recession
D) bought; inflation
E) None of the above answers is correct.
C
Economics
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When playing a game in which players are in direct competition with one another, it is best to ________ a mixed strategy because the strategy is ________
A) use; predictable B) use; unpredictable C) avoid; predictable D) avoid; unpredictable
Economics
In the Keynesian model, portfolio decisions of individuals determine the
A) inflation rate. B) money supply. C) interest rate. D) GDP.
Economics