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What is the appropriate monetary policy in response to a positive demand shock that leaves the economy operating above its long-run potential growth rate?
Compression
The process of reducing the volume of a material by applying pressure, or in geology, the stress state in which rock is pressed together, increasing its density.
Tension
A force that stretches material or causes it to be pulled apart.
Columnar Joints
Vertically oriented, hexagonal columns of rock that form as a result of the cooling and contraction of volcanic or igneous rocks.
Internal Strain
The deformation within a material or body due to applied stress or pressure.
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