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valputin valputin
wrote...
Posts: 5754
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8 years ago
When the economy is hit by a negative demand shock and the central bank pursues policies to increase aggregate demand to its initial level, then
A) output will be lower.
B) output will be at its potential.
C) inflation will be lower.
D) inflation will be unchanged.
E) both B and D.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 195 times
3 Replies
Our course uses > The Economics of Money, Banking and Financial Markets

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wrote...
8 years ago
E
valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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