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If the Federal Reserve decided to increase the money supply by engaging in open market bond purchases from the non-bank public, explain what will happen

If the Federal Reserve decided to increase the money supply by engaging in open market bond purchases from the non-bank public, explain what will happen to the equilibrium interest rate in the U.S. (in your description mention or show with a graph the change in the supply curve for loanable funds and the change in its intersection with the demand curve for loanable funds.

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