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    Exam 17: New Classical Macro and New Keynesian Macro
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    In the Short-Run,a Supply Shock Will Lead to
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In the Short-Run,a Supply Shock Will Lead to

Question 98

Question 98

Multiple Choice

In the short-run,a supply shock will lead to


A) movement of prices and output in the same direction.
B) movement of prices and output in opposite directions.
C) a sustained inflation.
D) a movement in prices,but not output.

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