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Posted: **Sun Jul 03, 2022 6:50 am**

: Suppose The Fed Sells Treasury Bills In Pursuit Of Contractionary Monetary Policy Using The Static Ad As Model In The F 1 (36.55 KiB) Viewed 11 times

: Suppose The Fed Sells Treasury Bills In Pursuit Of Contractionary Monetary Policy Using The Static Ad As Model In The F 2 (30.19 KiB) Viewed 11 times

Suppose the Fed sells Treasury Bills in pursuit of contractionary monetary policy. Using the static AD-AS model in the figure below, this situation would be depicted as a movement from Figure 15-7 Price level LRAS D B L SRAS AD

0 A LKAS D B E AD, SRAS AD₂ AD, Real GDP