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    Macroeconomics Study Set 33
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    Exam 8: Inflation: Its Causes and Cures
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    The Slope of the SP Curve Depends on
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The Slope of the SP Curve Depends on

Question 71

Question 71

Multiple Choice

The slope of the SP curve depends on


A) how business changes its markups when output varies.
B) whether the expansionary force in the economy is coming through monetary policy or fiscal policy.
C) the percentage of GDP that is sold on auction markets.
D) Both A and C.

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