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    Macroeconomics Principles Study Set 1
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    Exam 13: Monetary Policy
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    When a Demand Shock Occurs in the Short Run, Monetary
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When a Demand Shock Occurs in the Short Run, Monetary

Question 45

Question 45

True/False

When a demand shock occurs in the short run, monetary policy may focus on either output or income, since the effect is the same as focusing on price stability.

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