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    Macroeconomics Study Set 48
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    Exam 12: Aggregate Demand and Aggregate Supply
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    A Negative Demand Shock Can Cause
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A Negative Demand Shock Can Cause

Question 238

Question 238

Multiple Choice

A negative demand shock can cause:


A) a liquidity trap.
B) crowding out.
C) a recessionary gap.
D) an inflationary gap.

Correct Answer:

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