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Author Question: Refer to Figure 15-8.In the figure above, if the economy is at pointA, the appropriate ... (Read 136 times)

SO00

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Question 1

Figure 15-7









Refer to Figure 15-7.  Suppose the economy is in a recession and no policy is pursued. Using the static AD-AS model in the figure above, this situation would be depicted as a movement from


A to B.
B to A.
C to B.
A to E.
C to D.

Question 2

Figure 15-8











Refer to Figure 15-8. In the figure above, if the economy is at point A, the appropriate monetary policy by the Federal Reserve would be to


◦ lower interest rates.
◦ raise interest rates.
◦ lower income taxes.
◦ raise income taxes.


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Marked as best answer by SO00 on Mar 16, 2019

zacnyjessica

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SO00

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review


samiel-sayed

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Reply 3 on: Yesterday
Wow, this really help

 

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