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Our Business Cycle Experiences Suggest That a Macroeconomic Policy Designed

Question 20

Multiple Choice

Our business cycle experiences suggest that a macroeconomic policy designed to lower the average rate of inflation will require ________ in actual real GDP and an accompanying ________ in the unemployment rate.


A) an increase,increase
B) an increase,decrease
C) a reduction,increase
D) a reduction,decrease

Correct Answer:

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