In the Keynesian model, a Federal Reserve sale of government securitie

In the Keynesian model, a Federal Reserve sale of government securities in the open market will

a. raise the level of income and lower the interest rate.
b. raise the level of income and raise the interest rate.
c. lower the level of income and the interest rate.
d. lower the level of income and raise the interest rate.

 

ANSWER

D

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