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When the Fed sells -, it is employing - monetary policy. This causes interest rates to rise, which decreases - activity. Consequently, - decreases in
When the Fed sells -, it is employing - monetary policy. This causes interest rates to rise, which decreases - activity. Consequently, - decreases in the short run, causing a -in the real GDP and -. investmentexpansionarydecreaseaggregate demandstocksbondsunemploymentincreaseshort-run aggregate supplyprice levelcontractionary
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