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dbomb1 dbomb1
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A year ago
Which of the following outcomes is likely if a contractionary monetary policy is adopted?

▸ The demand for labor will increase.

▸ Real wages will increase if nominal wages are fixed.

▸ The aggregate price level will rise.

▸ Real output will increase if nominal wages are fixed.
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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culwri204culwri204
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A year ago
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dbomb1 Author
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A year ago
Good timing, thanks!
Liarec
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Yesterday
You make an excellent tutor!
my life
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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