Any event that creates a crisis in confidence is likely to lead to a. Higher aggregate prices.

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Any event that creates a “crisis in confidence” is likely to lead to

a. Higher aggregate prices.

b. Higher aggregate output.

c. Lower aggregate prices.

d. Inflation.

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 03:30 AM

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Any event that creates a crisis in confidence is likely to lead to a. Higher aggregate prices.

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c Lower aggregate prices Explanation Any increase in business and consumer confidenc...View the full answer

Issues in Economics Today

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