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If Is Close to Zero, Monetary Policy Is Relatively

Question 19

Multiple Choice

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


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

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