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The entire question is in the below screenshot 2) For questions 2(a) to 2(c) answer True or False. Explain your answer clearly. a) An unexpected

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2) For questions 2(a) to 2(c) answer True or False. Explain your answer clearly. a) An unexpected permanent increase in government spending (G) will shift the money demand curve to the right. True or False. Explain clearly. b) The short run Phillips curve shifts upward when the inflation rate rises. True or False. Explain clearly c) When the RBI is concerned with inflation, it buys government securities. True or False? Explain your answer clearly. (4+4+4)

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