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Suppose the central bank decides to conduct an open market purchase of bonds. Which of the following will occur as a result of this monetary

Suppose the central bank decides to conduct an open market purchase of bonds. Which of the

following will occur as a result of this monetary policy action?

Group of answer choices

The IS curve shifts leftward as the interest rate increases.

none of the other choices

The LM curve shifts down.

The IS curve shifts rightward as the interest rate falls.

The LM curve shifts up.

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