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By using graphs, show and explain each of the following events as either leading to an increase or a decrease in the equilibrium interest rate?
By using graphs, show and explain each of the following events as either leading to an increase or a decrease in the equilibrium interest rate?
a) A decrease in the price level
b) An increase in the discount rate
c) A decrease in the level of aggregate output
d) A sale of government securities by the TCMB
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