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-Refer to Exhibit 16-3

Question 121

Multiple Choice

  -Refer to Exhibit 16-3.The economy is at point A.As the result of an unexpected increase in aggregate demand,in the short run,the Friedman natural rate theory would predict A)  movement to point B. B)  movement to point C. C)  movement to point C'. D)  no movement from point A.
-Refer to Exhibit 16-3.The economy is at point A.As the result of an unexpected increase in aggregate demand,in the short run,the Friedman natural rate theory would predict


A) movement to point B.
B) movement to point C.
C) movement to point C'.
D) no movement from point A.

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