Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
14. The money market is in equilibrium at an interest rate of 4 percent and a quantity of money equal to $4,500 billion. Suppose the Federal Reserve, through its open market operations, purchased government bonds. What is a possible new equilibrium in the money market depicted in the figure? A. interest rate: 8 percent equilibrium quantity of money: $4,500 billion b. interest rate: 6 percent equilibrium quantity of money: $5,500 billion c. interest rate: 4 percent equilibrium quantity of money: $4,500 billion d. interest rate: 2 percent equilibrium quantity of money: $5,500 billion 15. Misperceptions, sticky wages, and sticky prices are each theories that explain why in the short run the a. aggregate demand curve has a negative slope. B. aggregate supply curve has a positive slope. C. money supply curve has a positive slope. D. money demand curve has a negative slope. 16. Suppose the model of aggregate demand and aggregate supply depicted in the figure is in equilibrium at point
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