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If Multiplier Effects Are ____ Than Policy Makers Expect or the Natural

question 103

Multiple Choice

If multiplier effects are ____ than policy makers expect or the natural rate of real output is _____ than expected, monetary policy will tend to overshoot its intended effects.


Definitions:

Psychopaths

Individuals with a personality disorder characterized by persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits.

Fearless

Lacking fear, bold or brave in the face of potential danger or pain.

Remorse

A deep regret or guilt for a wrong committed.

Antisocial Personality

A disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others.

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