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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 16: The Policy Debate: Active or Passive
  5. Question
    If the Price Level Increases More Rapidly Than Expected,_____
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If the Price Level Increases More Rapidly Than Expected,_____

Question 85

Question 85

Multiple Choice

If the price level increases more rapidly than expected,_____.


A) output will decrease
B) output will increase
C) output will not change
D) real wages will increase
E) unemployment will increase

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