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Author Question: If the Federal Reserve raises or lowers interest rates too late, it could result in a ________ ... (Read 27 times)

mp14

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on: Jun 29, 2018
If the Federal Reserve raises or lowers interest rates too late, it could result in a ________ policy that destabilizes the economy.
 
  A) budgetary B) fiscal C) procyclical D) countercyclical

Question 2

The long-run aggregate supply curve is ________, while the long-run Phillips curve is ________.
 
  A) vertical; also vertical B) positively sloped; negatively sloped
  C) positively sloped; positively sloped D) vertical; negatively sloped


tashiedavis420

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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