Multiple Choice
Figure 16-4
-Refer to the Figure 16-4.If the economy is at point c and the Bank of Canada pursues an expansionary monetary policy,then the economy will move to which point in the short and long run?
A) point b in the short run and point c in the long run
B) point m in the short run and point c in the long run
C) point d in the short run and point h in the long run
D) point h in the short run and point d in the long run
Correct Answer:

Verified
Correct Answer:
Verified
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