Use the Following to Answer Questions

question 253

Multiple Choice

Use the following to answer questions:
Figure: Monetary Policy II
-(Figure: Monetary Policy II) Refer to Figure: Monetary Policy II. If the short-run equilibrium is at Y₂, appropriate central bank policy is:

• A) contractionary.
• B) expansionary.
• C) neutral.
• D) balanced.

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Definitions:

Carol Gilligan

An American feminist, ethicist, and psychologist best known for her work on ethical relationships and gender differences in moral reasoning.

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Authoritarian Style

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