Before the financial crisis of 2007, inflation was on the rise. Accord
Before the financial crisis of 2007, inflation was on the rise. According to the MP curve, this would lead to ________.
A) an increase in the real interest rate
B) an upward shift of the MP curve, if policymakers opted for autonomous tightening
C) a decrease in aggregate output
D) all of the above
E) none of the above
ANSWER
D
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