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Home Q & A Board Other Fields Homework Help Business Economics
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Munze Munze
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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 medium run?
A) a decline in output
B) an increase in the interest rate
C) a decrease in the nominal wage
D) all of the above
E) none of the above
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Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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Munze Author
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#2
5 years ago
Thanks so much Slight Smile I'll post more questions
Macroeconomics, 6/E (Blanchard, Johnson)
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