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6 years ago
Once monetary policy is dedicated to controlling the level of nominal GDP, then fiscal policy can be used to
A) choose the overall level of interest rates, with a high budget surplus implying a high level of interest rates.
B) choose the overall level of interest rates, with a high budget deficit implying a high level of interest rates.
C) control the level of inflation, with a high budget surplus implying a faster rate of inflation.
D) control the level of inflation, with a high budget deficit implying a faster rate of inflation.
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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6 years ago
This took a huge load off my back this semester
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