Question: For each of the following changes, identify (1) whether there is a shift in the MP curve or a movement along the curve, and (2)

For each of the following changes, identify (1) whether there is a shift in the MP curve or a movement along the curve, and (2) if the curve shifts, state the direction in which it shifts.
a. The Fed decreases the target federal funds rate.
b. Real GDP increases.
c. Government purchases increase.

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