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    Exam 15: Monetary Policy
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    Suppose That an Individual Can Hold Her Wealth in Only
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Suppose That an Individual Can Hold Her Wealth in Only

Question 52

Question 52

Multiple Choice

Suppose that an individual can hold her wealth in only two forms: money and bonds. A _______________ in the bond market would then imply that there is a ________________ in the money market.


A) surplus; surplus
B) shortage; shortage
C) surplus; shortage
D) shortage; surplus
E) c and d

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