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The Short-Run Effects of a Monetary "Tightening" Are Output,_

Question 170

Multiple Choice

The short-run effects of a monetary "tightening" are ________ output,_________ unemployment,and _________ inflation.

A) lower;unchanged;higher
B) lower;lower;lower
C) lower;higher;no change in
D) higher;lower;lower
E) unchanged;higher;no change in

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