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Business, 05.12.2019 00:31 richtercatrina16

If uncertainty causes people to increase their demand for cash and, at the same time, the fed raises money supply growth, then the fed's action will:

a.
cause the economy to move to a new long-run equilibrium.

b.
shift the ad curve further to the right than if the uncertainty did not exist.

c.
shift the ad curve less to the right than if the uncertainty did not exist.

d.
shift the ad curve further to the left than if the uncertainty did not exist.

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If uncertainty causes people to increase their demand for cash and, at the same time, the fed raises...
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