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vellojo vellojo
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Posts: 2982
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8 years ago
Suppose the economy is in a recession and the Fed lowers the federal funds rate. Then
A) real GDP will increase and the price level will decrease.
B) real GDP and the price level will both decrease.
C) real GDP and the price level will both increase.
D) real GDP will decrease and the price level will increase.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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yaderayadera
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#1
Posts: 492
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8 years ago
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vellojo Author
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#2
7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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