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Scribs Scribs
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6 years ago
The statement, "With a permanent adverse supply shock, the government should engage in extinguishing policy changes," is true only if
A) the social costs of higher inflation are small and less than the social cost of less output.
B) the social costs of lost output are less than the social cost of permanently.
C) accommodating policy is impossible to conduct.
D) neutral policy is impossible to conduct.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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6 years ago
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Scribs Author
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6 years ago
Thank you, thank you, thank you!
Tabitha.davis
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
carston
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2 hours ago
Good timing, thanks!
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