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According to the Monetarist View, the Impact of Expansionary Monetary

Question 42

Multiple Choice

According to the Monetarist view, the impact of expansionary monetary policy will be:


A) the same in the long run as in the short run.
B) the same regardless of whether the effects of the policy are anticipated or unanticipated.
C) a higher price level (inflation) .
D) a decrease in short-run prices and an increase in long-run prices.

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