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    Economics Study Set 7
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    Exam 23: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, and Sources of Business Cycles
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    When Aggregate Demand Is Lower Than Expected, Inventories Decline and the Rate
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When Aggregate Demand Is Lower Than Expected, Inventories Decline and the Rate

Question 59

Question 59

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When aggregate demand is lower than expected, inventories decline and the rate of unemployment falls.

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