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21 Oct 2020

What is the effect of interest rate hikes on real output and the general price level?

    1. Real GDP and price level will both increase

    2. Real GDP and price level will both decrease

    3. Real GDP will increase while price level will decrease

    4. Real GDP will decrease while price level will increase

Booster class
Macroeconomics
Skill
AD-AS Model Equilibrium
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Kristelle Balando
Kristelle BalandoLv10
21 Oct 2020

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