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bedau bedau
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6 years ago
In the short-run, the impact of an adverse supply shock is to
A) reduce real GDP and leave the inflation rate unchanged if the growth of nominal GDP remains the same.
B) reduce real GDP and leave the inflation rate unchanged if the growth of nominal GDP is reduced enough.
C) maintain the same level of real GDP and reduce the inflation rate if the growth of nominal GDP is increase enough.
D) All of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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6 years ago
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bedau Author
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#2
5 years ago
magnificent Slight Smile
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