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If Not Corrected, the Financial Sector Crisis of Late 2008

Question 38

Multiple Choice

If not corrected, the financial sector crisis of late 2008 would have tended to


A) increase both Real GDP and the general price level.
B) increase Real GDP and lower the general price level.
C) lower Real GDP and increase the general price level.
D) lower both Real GDP and the general price level.

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