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Economic The lower the opportunity cost of consumption, the: O more to the left the economy is along the IS curve. . higher the aggregate
Economic
The lower the opportunity cost of consumption, the: O more to the left the economy is along the IS curve. . higher the aggregate expenditures. O lower the investment in the economy. O lower the consumption.Which of the following is a reason for the Great Moderation? O Decreased business confidence O Politics O Fiscal policy lags O Increased effectiveness of Federal Reserve policyTypically. business cycles: 0 have short and sharp expansions, followed by long and gradual recessions. 0 last over 20 years. 0 do not display persistence. 0 have short and sharp recessions, followed by long and gradual expansionsStep by Step Solution
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