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srsbiz srsbiz
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A year ago
Which of the following is likely to happen if a contractionary monetary policy is adopted?

▸ The real interest rate will increase.

▸ The aggregate price level will increase.

▸ Unemployment will fall.

▸ Real wages will fall.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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egidrarcegidrarc
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A year ago
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