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According the AS/AD Model,in the Long Run,expansionary Monetary Policy Will

Question 51

Multiple Choice

According the AS/AD model,in the long run,expansionary monetary policy will


A) increase both real GDP and the price level.
B) decrease both real GDP and the price level.
C) decrease the price level and leave real GDP unchanged.
D) increase the price level and leave real GDP unchanged.
E) increase real GDP and reduce the price level.

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