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What will happen to prices (P) and unemployment (U), when the when the Government conducts Expansionary Fiscal Policy? What will happen to prices (P) and
- What will happen to prices (P) and unemployment (U), when the when the Government conducts Expansionary Fiscal Policy?
- What will happen to prices (P) and unemployment (U), when the when the Federal Reserve Bank sells bonds in the Open Market?
- What will happen to prices (P) and unemployment (U), when the when the Federal Reserve Bank lowers the reserve ratio (increases the r)?
the problems ask for the answers to be in this form:
P increases, U increasesorP up, U up
P increases, U decreasesorP up, U down
P decreases, U decreasesor P down, U down
P decreases, U increasesor P down, U up
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