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    Exam 11: Steering Blindly Monetary Policy and the Bank of Canada
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    When Real GDP Is at Potential GDP, a 5 Percent
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When Real GDP Is at Potential GDP, a 5 Percent

Question 25

Question 25

True/False

When real GDP is at potential GDP, a 5 percent decrease in the money supply results in a 5 percent increase in prices.

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