If
Is relatively high,
A)monetary policy is relatively permissive and the AD curve is relatively flat.
B)monetary policy is relatively aggressive and the AD curve is relatively steep.
C)monetary policy is relatively aggressive and the AD curve is relatively flat.
D)monetary policy is relatively permissive and the AD curve is relatively steep.
E)monetary policy is relatively permissive and the AD curve is vertical.

Question

If 
Is relatively high,
A)monetary policy is relatively permissive and the AD curve is relatively flat. 
B)monetary policy is relatively aggressive and the AD curve is relatively steep. 
C)monetary policy is relatively aggressive and the AD curve is relatively flat. 
D)monetary policy is relatively permissive and the AD curve is relatively steep. 
E)monetary policy is relatively permissive and the AD curve is vertical.

Quizplus · Accepted Answer

The Answer of If 
Is relatively high,
A)monetary policy is relatively permissive and the AD curve is relatively flat. 
B)monetary policy is relatively aggressive and the AD curve is relatively steep. 
C)monetary policy is relatively aggressive and the AD curve is relatively flat. 
D)monetary policy is relatively permissive and the AD curve is relatively steep. 
E)monetary policy is relatively permissive and the AD curve is vertical.

If Is Relatively High