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    Exam 13: Monetary Policy: The Basics
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    If Disinflation Is Taking Place
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If Disinflation Is Taking Place

Question 3

Question 3

Multiple Choice

If disinflation is taking place


A) The level of actual output likely is below the level of potential output
B) The growth of actual output must be below the growth of potential output
C) The minimum wage has probably fallen
D) The unemployment rate is below the NAIRU

Correct Answer:

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