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    Exam 14: Transmission and Amplification Mechanisms
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    Because of Intertemporal Substitution,a Real Shock Has More of an Effect
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Because of Intertemporal Substitution,a Real Shock Has More of an Effect

Question 52

Question 52

True/False

Because of intertemporal substitution,a real shock has more of an effect on real GDP growth but less of an effect on inflation.

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