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When the Economy Is on the Steeper Part of the Short

Question 147

Multiple Choice

When the economy is on the steeper part of the short run aggregate supply curve, efforts to bring inflation down with monetary policy will be ____ successful and efforts to stimulate the economy will be ____ successful.


A) ​More; more
B) ​More; less
C) ​Less; more
D) ​Less; less

Correct Answer:

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