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Which of the following generally occurs when a central bank pursues expansionary monetary policy?
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Which of the following generally occurs when a central bank pursues expansionary monetary policy?
Which of the following generally occurs when a central bank pursues expansionary monetary policy?
A) the central bank purchases bonds and the interest rate increases.
B) the central bank purchases bonds and the interest rate decreases.
C) the central bank sells bonds and the interest rate increases.
D) the central bank sells bonds and the interest rate decreases.
Textbook
Macroeconomics
Edition:
6
th
Authors:
Blanchard, Johnson
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