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vellojo vellojo
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7 years ago
Oil prices increase sharply, raising the price level and decreasing real GDP. The Fed has an incentive to
A) increase the quantity of money in order to reduce the price level and unemployment.
B) decrease the quantity of money in order to reduce unemployment.
C) increase the quantity of money in order to reduce unemployment.
D) increase the quantity of money in order to reduce the price level.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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7 years ago
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vellojo Author
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#2
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
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