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7 years ago
Assuming adaptive expectations, a "cold turkey" reduction in AD by policymakers will initially reduce
A) output but not inflation.
B) inflation but not output.
C) output less than inflation.
D) both output and inflation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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#2
6 years ago
ty ty ty..
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