During a recession, the supply of bonds ________ and the supply curve shifts to the ________, everything else held constant.
A) increases; left
B) increases; right
C) decreases; left
D) decreases; right
Answer: C
During a recession, the supply of bonds ________ and the supply curve shifts to the ________, everything else held constant.
A) increases; left
B) increases; right
C) decreases; left
D) decreases; right
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