3. Show the impact of the Fed's sale of government securities on the economy using the followin models: (a) AD-AS model. (b) Phillips Curve.

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3. Show the impact of the Fed's sale of government securities on the economy using the followin
models:
(a) AD-AS model.
102
(b) Phillips Curve.
Transcribed Image Text:3. Show the impact of the Fed's sale of government securities on the economy using the followin models: (a) AD-AS model. 102 (b) Phillips Curve.
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