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Katie32 Katie32
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A year ago
Why would policymakers target a reduction in GDP growth by using contractionary policies?
i) The Fed fights inflation by increasing interest rates, which in turn causes a reduction in employment as a by-product.
ii) Excessive optimistic sentiments about the economy can result in an unsustainable economic expansion.

▸ i) is false and ii) is true

▸ i) is true and ii) is false

▸ i) and ii) are both false

▸ i) and ii) are both true
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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dreamkheidreamkhei
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A year ago
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Katie32 Author
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A year ago
Thanks
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This site is awesome
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Smart ... Thanks!
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