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    Macroeconomics Study Set 39
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    Exam 14: Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment
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    According to the Sticky-Price Model, Deviations of Output from the Natural
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According to the Sticky-Price Model, Deviations of Output from the Natural

Question 56

Question 56

Multiple Choice

According to the sticky-price model, deviations of output from the natural level are _____ deviations of the price level from the expected price level.


A) positively associated with
B) negatively associated with
C) not related to
D) equal to

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