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Using table 6.3, it is decided that a decrease in the money supply is the correct policy, given the current economic situation. Which list of
Using table 6.3, it is decided that a decrease in the money supply is the correct policy, given the current economic situation. Which list of monetary policy actions would be appropriate? Select one: A. Open-market sale, higher discount rate, higher required reserve ratio B. Open-market sale, lower discount rate, lower required reserve ratio C. Open-market purchase, lower discount rate, lower required reserve ratio D. Open-market purchase, higher discount rate, higher required reserve ratio
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