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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If the Fed raises the federal funds rate, eventually the
A) AD curve shifts leftward, decreasing real GDP and increasing the price level.
B) AS curve shifts leftward, decreasing real GDP and increasing the price level.
C) AD curve shifts rightward, increasing real GDP and the price level.
D) AD curve shifts leftward, decreasing real GDP and the price level.
E) AS curve shifts rightward, decreasing real GDP and increasing the price level.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 159 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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