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Homework answers / question archive / Suppose the SARB decrease interest rates while oil prices is increasing
Suppose the SARB decrease interest rates while oil prices is increasing. What would be the expected effect on real GDP and the price level? (4 marks) Option Price level Real GDP 1 Uncertain decreases 2 Increase uncertain 3 decreases decreases 4 Increases decreases A Option 1 B Option 2 C Option 3 D Option 4
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