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Expansionary Monetary Policy Can Have Immediate Real Short-Run Effects; Initially,no

Question 41

Multiple Choice

Expansionary monetary policy can have immediate real short-run effects; initially,no prices have adjusted.But as prices adjust in the long run,the real impact of monetary policy


A) is multiplied.
B) is negative.
C) is cut in half.
D) dissipates completely.
E) is unknown.

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