Business, 25.03.2020 16:19 deshaunmosley66

When the economy suffers a permanent negative supply shock and the central bank does not respond by changing the autonomous component of monetary policy, then:.
a. inflation will be lower.
b. output will be at its potential.
c. output will be unchanged.
d. inflation will be unchanged.

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When the economy suffers a permanent negative supply shock and the central bank does not respond by...

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