The central bank buys $3,000 worth of bond in the open market ) How will the change in the money supply in part (d) affect consumption spending and real GDP in the short run ? Explain .

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter22: Money Growth And Inflation
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Question: The central bank buys $3,000 worth of bond in the open market ) How will the change in the money supply in part (d) affect consumption spending and real GDP in the short run ? Explain .

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