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The money supply curve _____. This shift could be caused by the Federal Open Market Committee's (FOMC's) open-market purchase of Treasury bills.
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The money supply curve _____. This shift could be caused by the Federal Open Market Committee's (FOMC's) open-market purchase of Treasury bills.

User Mangesh Parte
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Answer:

Shifts right

Step-by-step explanation:

A rightward shift in the money supply curve indicates its increase. When the FOMC purchases Treasury bills, they purchase these securities with money, thus injecting more money into the economy and increasing the money supply.

User Sthenault
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