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    Principles of Macroeconomics Study Set 12
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    Exam 12: Policy Effects and Cost Shocks in the Asad Model
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    When the Economy Is Not Producing at Capacity, Economic Policies
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When the Economy Is Not Producing at Capacity, Economic Policies

Question 32

Question 32

Multiple Choice

When the economy is not producing at capacity, economic policies are


A) effective at changing output.
B) ineffective at changing output.
C) unrelated to output.
D) none of the above

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