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    Exam 25: Transmission Mechanisms of Monetary Policy
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    Franco Modigliani Has Found That an Expansionary Monetary Policy Can
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Franco Modigliani Has Found That an Expansionary Monetary Policy Can

Question 40

Question 40

Multiple Choice

Franco Modigliani has found that an expansionary monetary policy can cause stock market prices to ________ and consumption to ________.


A) increase;increase
B) increase;decrease
C) decrease;decrease
D) decrease;increase

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