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  • To reduce the supply of money the government could: #51
  • Open Market Operations occur when the government: #52
  • The amount of interest paid per unit of time expressed as a percentage of the amount borrowed is called: #53
  • Which of the following is a form of financial instrument whose value is based on the values of other assets? #54
  • An outward shift in the demand for money, other things being equal, should lead to: #55
  • The base Rate in the UK is determined by: #56
  • An economy which allows firms and individuals to decide the answers to the three fundamental questions of economic organization is called a: #57
  • The FED can exert more precise control over … than it can over... #58
  • Which of the following points is central to the monetarist school of macroeconomics? #59
  • The route by which changes in the supply of money are translated into changes in output, employment, prices and inflation is called: #60
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