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In the Short Run,contractionary Monetary Policy ________ Real Gross Domestic

Question 37

Multiple Choice

In the short run,contractionary monetary policy ________ real gross domestic product (GDP) ,________ unemployment,and ________ the price level.

A) raises; lowers; raises
B) raises; raises; raises
C) lowers; lowers; raises
D) lowers; raises; lowers
E) raises; lowers; lowers

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