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What variable allows our macroeconomic model to automatically adjust GDP back to full employment level of output (i.e., LRAS or trend GDP)? Question 41 options:
What variable allows our macroeconomic model to automatically adjust GDP back to full employment level of output (i.e., LRAS or trend GDP)? Question 41 options: changes in the money supply changes in nominal wages changes in nominal interest rates changes in the CPI
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
