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Scribs Scribs
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7 years ago
The aggravation of inflation and unemployment as a result of a supply shock
A) is unavoidable and is referred to as the direct effect of an adverse supply shock.
B) is called the indirect effect of an adverse supply shock.
C) is a subsequent result of following an accommodating policy.
D) can be avoided if expansionary fiscal policy is initiated when the shock occurs.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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7 years ago
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Scribs Author
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7 years ago
Smart ... Thanks!
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Thanks for your help!!
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Thank you, thank you, thank you!
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