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    Exam 26: Bringing in the Supply Side: Unemployment and Inflation
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    Figure 10-5 -According to Baumol and Blinder, Does the U.S.economy Have a U.S.economy
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Figure 10-5 -According to Baumol and Blinder, Does the U.S.economy Have a U.S.economy

Question 216

Question 216

Multiple Choice

Figure 10-5 Figure 10-5   -According to Baumol and Blinder, does the U.S.economy have a self-correcting mechanism? A) No, there is no such thing in reality. B) Yes, and it works very rapidly. C) Yes, and it works very slowly. D) No, unless the aggregate supply curve is perfectly flat.
-According to Baumol and Blinder, does the U.S.economy have a self-correcting mechanism?


A) No, there is no such thing in reality.
B) Yes, and it works very rapidly.
C) Yes, and it works very slowly.
D) No, unless the aggregate supply curve is perfectly flat.

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