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With the case of an open-market sale of securities bythe central bank, we should most likely expect (ceterisparibus) a. an excess demand for bonds. b.
With the case of an open-market sale of securities bythe central bank, we should most likely expect (ceterisparibus)
a. an excess demand for bonds.
b. increase in the level of GDP.
c. monetary stimulus for the domestic economy.
d. depreciation of the currency in foreign exchange.
e. higher rates of inflation.
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