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ice5192 ice5192
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6 years ago
In the New Keynesian model, an increase in current total factor productivity
A) increases output and increases the real interest rate.
B) does not affect output and decreases employment.
C) increases output and increases employment.
D) decreases output and decreases employment.
E) decreases output and increases the real interest rate.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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ice5192 Author
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#2
5 years ago
Thank you
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