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sheila sheila
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2 months ago
Scenario: The following figure shows the federal funds market. Assume that the market of reserves is in equilibrium at point (R0, i0).




Refer to the scenario above. If the Fed uses an expansionary monetary policy, the new equilibrium quantity of reserves is ________ and the new federal funds rate is ________.

R1; i1

R1; i0

R2; i0

R2; i2
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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bodie1980bodie1980
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2 months ago
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R1; i1

1

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sheila Author
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2 months ago
Thanks
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Yesterday
Thanks for your help!!
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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