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Starting from Long-Run Equilibrium,the Long-Run Impact(s)of an Increase in Autonomous

Question 60

Multiple Choice

Starting from long-run equilibrium,the long-run impact(s) of an increase in autonomous consumption,compared to the original equilibrium,would be


A) higher inflation.
B) higher output.
C) higher inflation and higher output.
D) lower inflation and lower output.
E) lower inflation and higher output.

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