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ps4_questions - 14.02 Principles of Macroeconomics Problem...

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1 14.02 Principles of Macroeconomics Problem Set # 4, Questions Posted on Thursday, October 17, 2002, due on Thurdasy, October 24, 2002 by 4:30 PM in the 14-02 box at E52-391. Name: _________________________________________ MIT ID: _________________________________________ Please mark one of the following options. 10AM Samer Haj-Yehia 9AM Indradeep Ghosh 11AM Samer Haj-Yehia 11AM Oscar Landerretche 12AM Samer Haj-Yehia 1PM Indradeep Ghosh 1PM Samer Haj-Yehia 1PM Veronica Rappoport 2PM Samer Haj-Yehia 2PM Veronica Rappoport 3PM Veronica Rappoport Table, only for correctors 1 2 3 4 5 Total Part I Part II Part III Total
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1 PART I. TRUE/FALSE/UNCERTAIN (7 points each, 35 points total) 1. As in microeconomics, the AD-curve is downward sloping since consumers buy less goods when they are expensive. 2. Even with the unemployment rate in its natural level, in f ation rate can increase due to higher expected in f ation.
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This note was uploaded on 11/29/2009 for the course 14 14.02 taught by Professor Geurrieri during the Fall '09 term at MIT.

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ps4_questions - 14.02 Principles of Macroeconomics Problem...

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