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Munze Munze
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Posts: 996
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6 years ago
Suppose a central bank implements a monetary expansion. Which of the following would we expect to occur in the short run?
A) an increase in the nominal wage
B) the AD curve to shift to the left
C) the price setting curve to shift up
D) the wage setting curve to shift downward
E) the wage setting curve to shift upward
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 39 times
1 Reply
Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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