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AP® Macroeconomics

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Moderate

Monetary Policy and Real Wages

APMACR-OPYTXW

Which of the following are Open Market actions of the FED that will likely decrease real wages in the short run if at the time of action the AD curve intersected AS in the intermediate range?

  1. Buy securities
  2. Lower taxes
  3. Decrease Reserve Requirement
A

I and II

B

I Only

C

II Only

D

III Only

E

I and III