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bedau bedau
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6 years ago
The activists believe that
A) the time required for flexible prices to bring the economy back to the natural rate of unemployment is relatively short.
B) the IS curve is relatively flat because of the broad range of assets whose demand is very sensitive to changes in the interest rate.
C) the time required for flexible prices to return the economy to the natural level of real GDP is intolerably long.
D) the severity of the Great Depression was primarily related to the large decline in the supply of money.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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6 years ago
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bedau Author
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6 years ago
Thanks
patod1
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Yesterday
Helped a lot
cartoon
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2 hours ago
You make an excellent tutor!
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