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Examples of positive statements

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Reference no: EM132148912

All of the following are examples of positive statements EXCEPT:

  • Higher interest rates reduce construction activity.
  • Higher interest rates are achieved by slowing the growth of the money supply.
  • Economic output should not be allowed to increase too fast.
  • Historically higher rates of money growth are associated with higher rates of inflation.

Reference no: EM132148912

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