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Based on the Taylor Principle,a Central Bank's Endogenous Response of Decreasing

Question 1

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Based on the Taylor Principle,a central bank's endogenous response of decreasing interest rates when inflation falls


A) causes an upward movement along the monetary policy curve.
B) causes a downward movement along the monetary policy curve.
C) shifts the monetary policy curve upward.
D) shifts the monetary policy curve downward.

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