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    Macroeconomics Study Set 20
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    Exam 15: The Distribution of Income and Poverty
  5. Question
    -Refer to Exhibit 15-3
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-Refer to Exhibit 15-3

Question 33

Question 33

Multiple Choice

  -Refer to Exhibit 15-3.The economy is initially at point 1.Ideally,__________ monetary policy will move the economy to point __________. A)  expansionary; 9 B)  contractionary; 4 C)  expansionary; 8 D)  expansionary; 7 E)  contractionary; 2
-Refer to Exhibit 15-3.The economy is initially at point 1.Ideally,__________ monetary policy will move the economy to point __________.


A) expansionary; 9
B) contractionary; 4
C) expansionary; 8
D) expansionary; 7
E) contractionary; 2

Correct Answer:

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