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Consider the general equilibrium effects of monetary policy in a closed economy. If M decreases, the IS curve will; the FE curve will; and the

Consider thegeneral equilibriumeffects of monetary policy in a closed economy. If M decreases, the IS curve will; the FE curve will; and the LM curve will; and r*willand y*will.

Note: For each of the above blanks, fill in one of the following three choices:A. move to the right;B. move to the left;C. stay;D. increase;E. decrease.

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