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Price Level Real Output (billions of dollars per year) Given AD1 and A81 in Figure 8.3, the Monetary Approach to achieving full employment at an
Price Level Real Output (billions of dollars per year) Given AD1 and A81 in Figure 8.3, the Monetary Approach to achieving full employment at an output of $300 billion would be to: 0 Use open market operations to buy bonds so as to shift AD1 to ADZ. 0 Use open market operations to sell bonds so as to shift AD1 to AD2. 0 Do nothing and wait for "natural" market forces to achieve full employment. 0 Decease the money supply
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