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    Principles of Macroeconomics Study Set 3
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    Exam 16: The Short-Run Tradeoff Between Inflation and Unemployment
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    Figure 16-4 -Refer to Figure 16-4. If the Economy Is at Point
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Figure 16-4 -Refer to Figure 16-4. If the Economy Is at Point

Question 151

Question 151

Multiple Choice

Figure 16-4 Figure 16-4   -Refer to Figure 16-4. If the economy is at point h and the Bank of Canada pursues a contractionary monetary policy, then the economy will move to which of the following points in the short run? A) point a B) point b C) point c D) point m
-Refer to Figure 16-4. If the economy is at point h and the Bank of Canada pursues a contractionary monetary policy, then the economy will move to which of the following points in the short run?


A) point a
B) point b
C) point c
D) point m

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