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    Macroeconomics Study Set 28
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    Exam 13: Aggregate Supply and the Short-Run
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    In the 1970s in Canada,there Was
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In the 1970s in Canada,there Was

Question 50

Question 50

Multiple Choice

In the 1970s in Canada,there was
I: a series of adverse supply shocks,and
II: expansionary monetary policy.


A) I is true; II is not.
B) II is true; I is not.
C) Both I and II are true.
D) Neither I nor II is true.

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