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    Modern Principles Macroeconomics
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    Exam 16: Monetary Policy
  5. Question
    The Key to a Less-Painful Disinflation Is to Reduce the Flexibility
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The Key to a Less-Painful Disinflation Is to Reduce the Flexibility

Question 157

Question 157

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The key to a less-painful disinflation is to reduce the flexibility in nominal wages.

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