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Roar Roar
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6 years ago
Suppose a central bank implements a monetary contraction. Which of the following would we expect to occur in the short run?
A) a reduction in the nominal wage
B) the AD curve to shift to the right
C) the price setting curve to shift down
D) the wage setting curve to shift upward
E) the wage setting curve to shift downward
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
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vonCOLLINZOvonCOLLINZO
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Roar Author
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6 years ago
Just got PERFECT on my quiz
SupremeDJ
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Correct Slight Smile TY
Ifekwunigwe
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2 hours ago
Thanks
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