Multiple Choice
A policy to slow the growth of nominal GDP
A) can result in a higher inflation rate and an increase in the output ratio.
B) can result in a lower inflation rate and a drop in the output ratio.
C) can be combined with cost-cutting supply policies to lower the inflation rate while maintaining the output ratio.
D) A and C.
E) B and C.
Correct Answer:
Verified
Correct Answer:
Verified
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