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Ao9 Ao9
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8 years ago
Suppose that there is an increase in the demand for money. What is the appropriate monetary policy response in the New Keynesian sticky price model?
A) an increase in the interest rate target
B) a decrease in the interest rate target
C) an increase in government spending
D) no change in the interest rate target
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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8 years ago
Solved!!
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8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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