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Provided that firms have sufficient capital and labor to support an output increase, monetary and fiscal policy are likely to be the most effective when output is ________ and inventory stocks are ________.
A) low; low
B) high; low
C) high; high
D) low; high
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Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Good answer, thanks.
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