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What is NOT the correct statement about AD-AS model? Question 38 options: too much expansionary fiscal policy can lead to demand-pull inflation fiscal and monetary
What is NOT the correct statement about AD-AS model? Question 38 options: too much expansionary fiscal policy can lead to demand-pull inflation fiscal and monetary policy works through aggregate supply curve fiscal policy is very effective policy but in reality, there are timing issues cost-push inflation results from the AS curve shifting left
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International Macroeconomics
Authors: Robert C. Feenstra, Alan M. Taylor
Fourth Edition
1319061729, 978-1319061722
