From an Initial Long-Run Equilibrium,if Aggregate Demand Grows Faster Than

question 254

Multiple Choice

From an initial long-run equilibrium,if aggregate demand grows faster than long-run and short-run aggregate supply,then Congress and the president would most likely

• A)decrease the required reserve ratio.
• B)decrease government spending.
• C)decrease oil prices.
• D)decrease tax rates.

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Pertaining to the entire world; involving or affecting all parts of the world.

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Relating to or characteristic of a nation; common to the whole country.

Regional

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Being the only one of its kind; unlike anything else, often referring to qualities that set someone or something apart from others.