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    Macroeconomics Principles Applications
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    Exam 14: The Federal Reserve and Monetary Policy
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    If the Current Level of GDP Exceeds Full Employment, the Level
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If the Current Level of GDP Exceeds Full Employment, the Level

Question 108

Question 108

Multiple Choice

If the current level of GDP exceeds full employment, the level of GDP can be reduced by


A) reducing taxes.
B) increasing spending.
C) reducing the money supply.
D) lowering interest rates.

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