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    Microeconomics Study Set 2
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    Exam 13: Inflation, Unemployment, and Bank of Canada Policy
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    Ceteris Paribus, in the Short Run Following an Increase in the Rate
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Ceteris Paribus, in the Short Run Following an Increase in the Rate

Question 114

Question 114

True/False

Ceteris paribus, in the short run following an increase in the rate of growth in aggregate demand, we would expect to see an increase in the rate of inflation and an increase in the rate of unemployment.

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