Reductions in the real interest rate caused by monetary policy
A) are always harmful.
B) are permanent.
C) do not occur during recessions.
D) never happen.
E) are temporary.
Correct Answer:
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Q6: The real interest rate is
A)equal to the
Q7: During the 2008 2009 recession in Canada
A)unemployment
Q8: Neo-Fisherism says
A)the central bank should increase inflation
Q9: Canada has become a more open economy
Q10: The unemployment rate in 2018
A)was higher than
Q12: A trade-off between aggregate output and inflation
A)is
Q13: Countries gain from
A)taxes.
B)long-run tradeoffs between aggregate output
Q14: The inflation rate has been low in
Q15: In a competitive equilibrium, we assume that
Q16: Tax cuts
A)cause unemployment.
B)will surely make the government
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