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    Exam 18: Introduction to Macroeconomics: Unemployment, Inflation, and Economic Fluctuations
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    The Steeper the Short-Run Aggregate Supply Curve Over the Relevant
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The Steeper the Short-Run Aggregate Supply Curve Over the Relevant

Question 98

Question 98

True/False

The steeper the short-run aggregate supply curve over the relevant range, the more contractionary monetary policy will reduce prices and the less it will decrease real output.

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