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Suppose that declining resource supplies reduce potential output in each period by 4%. What kind of monetary policy would be needed to maintain a zero
Suppose that declining resource supplies reduce potential output in
each period by 4%. What kind of monetary policy would be needed to
maintain a zero rate of inflation at full employment?
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Managerial Economics A Problem-Solving Approach
Authors: Luke M. Froeb, Brain T. Mccann
2nd Edition
B00BTM8FK0
