Answer to Question #71897 in Macroeconomics for Kelvin E Mercado

Question #71897
How open market sales and purchases may be used to close recessionary and inflationary gaps?
1
Expert's answer
2017-12-15T09:45:07-0500
Open market sales and purchases may be used to change the amount of money supply in economy, which can influence the price level and help to close recessionary and inflationary gaps.

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