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If the FED buys bonds from the public and at the same time the world price of oil increases, we can expect: the price level
If the FED buys bonds from the public and at the same time the world price of oil increases, we can expect: the price level to increase and the real GDP to fall. the price level to decrease and the real GDP to increase. the price level to stay the same the real GDP to increase and the price level to increase. None of the answers above.
If the FED buys bonds from the public and at the same time the world price of oil increases, we can expect:
the price level to increase and the real GDP to fall.
the price level to decrease and the real GDP to increase.
the price level to stay the same
the real GDP to increase and the price level to increase.
None of the answers above.
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