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If Is Relatively High, Monetary Policy Is Relatively ________

Question 51

Multiple Choice

If If is relatively high, monetary policy is relatively ________ and the AD curve is ________. A) permissive; relatively flat B) aggressive; relatively steep C) aggressive; relatively flat D) permissive; relatively steep E) permissive; vertical is relatively high, monetary policy is relatively ________ and the AD curve is ________.


A) permissive; relatively flat
B) aggressive; relatively steep
C) aggressive; relatively flat
D) permissive; relatively steep
E) permissive; vertical

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