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Supply shocks after 1985 (Multiple Choice Question)

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Supply shocks after 1985 (Multiple Choice Question)

Supply shocks after 1985
A) forced the Fed to follow restrictive monetary policy and caused a negative output ratio.
B) forced the Fed to follow restrictive monetary policy and caused a positive output ratio.
C) allowed the Fed to follow accommodative monetary policy and caused a negative output ratio.
D) allowed the Fed to follow accommodative monetary policy and push the output ratio toward zero.

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Macroeconomics

Edition: 12^th

Author: Gordon

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