=+ c. The economy experiences prolonged increases in productivity growth while actual output growth is unchanged. d.
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c. The economy experiences prolonged increases in productivity growth while actual output growth is unchanged.
d. Potential output declines while actual output remains unchanged.
e. The Fed revises its (implicit) inflation target downward.
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Related Book For
The Economics Of Money Banking And Financial Markets
ISBN: 9781292094182
11th Global Edition
Authors: Frederic S. Mishkin
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