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If the federal Reserve conducts easy money policy to expand the money supply, it is most likely to change nominal interest rates and output in
If the federal Reserve conducts easy money policy to expand the money supply, it is most likely to change nominal interest rates and output in the following ways:
Nominal interest rate / output
a) increase / increase
b) decrease / increase
c) decrease / no change
d) increase / decrease
e) decrease / decrease
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