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Which of the following would be the FIRST change to occur when a central bank conducts open market purchases of bonds? Choose 1 answer: Choose
Which of the following would be the FIRST change to occur when a central bank conducts open market purchases of bonds? Choose 1 answer: Choose 1 answer: (Choice A) The money supply increases A The money supply increases (Choice B) The monetary supply decreases B The monetary supply decreases (Choice C) The interest rate decreases C The interest rate decreases (Choice D) Aggregate demand increases D Aggregate demand increases (Choice E) Bank reserves increase E Bank reserves increase
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