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    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: The Phillips Curve
  5. Question
    If Policymakers Decrease Aggregate Demand,then in the Long Run
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If Policymakers Decrease Aggregate Demand,then in the Long Run

Question 43

Question 43

Multiple Choice

If policymakers decrease aggregate demand,then in the long run


A) prices will be lower and unemployment will be higher.
B) prices will be lower and unemployment will be unchanged.
C) prices and unemployment will be unchanged.
D) None of the above is correct.

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