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jujubee600 jujubee600
wrote...
Posts: 467
4 years ago

Question 1.

The views of the new classical economists are consistent with a vertical aggregate supply curve in both the short run and the long run.



▸ true

▸ false

Question 2.

An intended goal of contractionary fiscal policy and a tightening of monetary policy is



▸ an increase in interest rates.

▸ an increase in the price level.

▸ a decrease in the unemployment rate.

▸ a decrease in the level of aggregate output.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 76 times
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Answer verified by a subject expert
vande746vande746
wrote...
Posts: 383
4 years ago
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jujubee600 Author
wrote...
4 years ago
Brilliant
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