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If the AS and the AD curve intersect at a level of real GDP that exceeds potential GDP,then the appropriate monetary policy is one that ________ the federal funds rate and ________ aggregate demand.
Hominoids
A term that encompasses all apes and humans, referring to the group of primates that are large-bodied and have no tail.
Humans
The species Homo sapiens, characterized by their bipedalism, high brain volume relative to body size, and advanced cognitive abilities.
Homo Erectus
"Upright human." A species within the genus Homo first appearing just after 2 million years ago in Africa and ultimately spreading throughout the Old World.
Oligocene Era
A geologic epoch of the Paleogene Period, occurring from about 34 to 23 million years ago, during which mammals and birds evolved considerably.
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