A Policy to Slow the Growth of Nominal GDP

question 74

Multiple Choice

A policy to slow the growth of nominal GDP

• A)can result in a higher inflation rate and an increase in the output ratio.
• B)can result in a lower inflation rate and a drop in the output ratio.
• C)can be combined with cost-cutting supply policies to lower the inflation rate while maintaining the output ratio.
• D)A and C.
• E)B and C.

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