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B) An open market purchase of government securities. A) An open market sale of government securities. 16. Which of the following monetary policies
B) An open market purchase of government securities. A) An open market sale of government securities. 16. Which of the following monetary policies raises aggregate demand and output? A) An open market sale of government securities. B) An open market purchase of government securities. C) An increase in the bank rate. D) An increase in the overnight financing rate.