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Federal spending financed by a sale of Treasury bonds which are then purchased by the Fed
| [removed] | A. | causes the monetary base to rise, but inflation to decline. |
| [removed] | B. | causes the monetary base to decline, but inflation to rise. |
| [removed] | C. | has no net effect on inflation. |
| [removed] | D. | causes both the monetary base and inflation to rise. |
| [removed] | E. | causes both the monetary base and inflation to decline. |
10 years ago
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