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answer the following 42. If the Bank of Canada conducts open market sales, the money supply . ..... .. shifting the MP curve to the

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42. If the Bank of Canada conducts open market sales, the money supply . ..... .. shifting the MP curve to the . ...... . everything else held constant. A. Decreases; right. B. Decreases; left. C. Inreeaee; right. D. Increases; left. E. None of the above. \f55. Consider the following aggregate demand curve Y = 22 la and a shortrum aggregate supply curve given by: 1r = 4 + 3(Y 10), where 1' is output and er is ination. What is the equilibrium ination rate. A. 20%. B. 15%. C. 13%. D. 22%. E. None of the above

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