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Author Question: Refer to Figure 13-4. Given the economy is at point A in year 1, what will happen to the price level ... (Read 90 times)

OSWALD

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on: Jun 29, 2018
Refer to Figure 13-4. Given the economy is at point A in year 1, what will happen to the price level in year 2?
 
  A) It will fall. B) It will rise.
  C) It will remain constant. D) not enough information to answer the question

Question 2

A central bank can help stop a bank panic by
 
  A) calling in consumer loans. B) raising the required reserve ratio.
  C) acting as a lender of last resort. D) decreasing income taxes.


Hikerman221

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

B

Answer to Question 2

C


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OSWALD

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Reply #2 on: Jun 29, 2018
Thank you


Hikerman221

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Reply #3 on: Jun 29, 2018
No problemo


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