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Author Question: If the price level increases by more than expected, output can be expected to decrease as a result. ... (Read 82 times)

Lobcity

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on: Jun 30, 2018
If the price level increases by more than expected, output can be expected to decrease as a result.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

One of the reasons fiscal and monetary policy can stimulate output and employment in the short run is that nominal wages increase faster than the price level.
 a. True
  b. False
  Indicate whether the statement is true or false


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smrerig

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


Lobcity

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

tuate

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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