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If the Fed Had Not Changed the Money Supply After

Question 136

Multiple Choice

If the Fed had not changed the money supply after the recession in the early 1990s,then the long run effects would have been


A) a return to the original output and price level
B) increased long run GDP equilibrium and price level
C) unchanged long run output,but an increased price level
D) a decreased long run output and price level
E) a return to the original long run output,but a decreased price level

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