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    Principles of Macroeconomics Study Set 8
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    Exam 23: Six Debates Over Macroeconomic Policy: Should the Central Bank Aim for Zero Inflation
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    A Program to Reduce Inflation Is Likely to Have Lower
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A Program to Reduce Inflation Is Likely to Have Lower

Question 41

Question 41

Multiple Choice

A program to reduce inflation is likely to have lower costs if the sacrifice ratio is


A) high and the reduction is unexpected.
B) high and the reduction is expected.
C) low and the reduction is unexpected.
D) low and the reduction is expected.

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