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When the central bank buys and sells bonds through open-market operations, the money supply changes, but there is no effect on the money supply when
When the central bank buys and sells bonds through open-market operations, the money supply changes, but there is no effect on the money supply when individuals buy and sell bonds. Explain.
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Principles of Economics
Authors: Robert Frank, Ben Bernanke
5th edition
73511404, 978-0073511405
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