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You hear that the BA is raising interest rates. From this new information, you may conclude that the RBA is concerned with Select one: a.
You hear that the BA is raising interest rates. From this new information, you may conclude that the RBA is concerned with Select one: a. short-run output falling along the IS curve and possibly pushing the economy toward recession. b. short-run output rising along the IS curve and possibly pushing the economy toward expansion. O c. short-run output falling as the IS curve shifts left, possibly pushing the economy toward recession. O d. the federal government lowering taxes. e. there will be no change in short-run output
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