To Achieve External Balance and Correct a Recession,a Nation Will

question 3

Multiple Choice

To achieve external balance and correct a recession,a nation will always have to use tight monetary policy if at the full employment level of national income the nation's
BP curve is:

• A)above the LM curve
• B)below the LM curve
• C)steeper than the LM curve
• D)above the IS curve

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The requirements necessary to maintain life and achieve personal fulfillment.

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To make actual or real; the process of realizing or achieving one's full potential or capabilities.

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