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    Macroeconomics Study Set 43
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    Exam 15: B: Interest Rates and Monetary Policy
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    Restrictive Monetary Policies Are Most Likely to Be Used by the Central
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Restrictive Monetary Policies Are Most Likely to Be Used by the Central

Question 202

Question 202

Multiple Choice

Restrictive monetary policies are most likely to be used by the central bank when an economy faces:


A) a high rate of inflation.
B) a high rate of unemployment.
C) a recession.
D) a negative GDP gap.

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