Suppose that the Fed is able to target real GDP when there is instability in either commodity

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Suppose that the Fed is able to target real GDP when there is instability in either commodity demand or the demand for money. Explain how the Fed must conduct open market operations, that is, either buy or sell government bonds, as (a) commodity demand rises and falls or (b) the demand for money increases and decreases.
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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