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If the Fed raises the federal funds rate, eventually the

Loraine

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If the Fed raises the federal funds rate, eventually the

If the Fed raises the federal funds rate, eventually the
A) AD curve shifts leftward, decreasing real GDP and increasing the price level.
B) AS curve shifts leftward, decreasing real GDP and increasing the price level.
C) AD curve shifts rightward, increasing real GDP and the price level.
D) AD curve shifts leftward, decreasing real GDP and the price level.
E) AS curve shifts rightward, decreasing real GDP and increasing the price level.

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Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Loraine Author

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