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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
For each of the following changes, what happens to the real interest rate and output in the very short run, before the price level has adjusted to restore general equilibrium?
(a)   Wealth declines.
(b)   Money supply declines.
(c)   The future marginal productivity of capital declines.
(d)   Expected inflation rises.
(e)   Future income rises.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
8 years ago
Glad to be part of your success Wink Face
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