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38. Which of the following is true of the money supply curve? a. It shifts to the right when the interest rate increases.
b. It shifts to the left when the savings rate decreases.
c. It is vertical.
d. It shows a positive relationship between the interest rate and the quantity of
loanable funds.
e. It shifts to the left when the Federal Reserve buys Treasury bills.

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38. Which of the following is true of the money supply curve? a. It shifts to the right when the i...

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