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Business, 04.12.2019 17:31 kaitlynhess

Tight monetary policy results in a long period of disinflation and high unemployment if:

a.
prices are flexible.

b.
market confidence is high.

c.
nominal wages are sticky.

d.
the monetary policy is credible.

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Answers: 1

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Tight monetary policy results in a long period of disinflation and high unemployment if:
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