If $\bar { m }$ Is Relatively High, Monetary Policy Is Relatively:
A) Permissive and Is

Multiple Choice

If $\bar { m }$ is relatively high, monetary policy is relatively:

A) permissive and the AD curve is relatively flat
B) aggressive and the AD curve is relatively steep
C) aggressive and the AD curve is relatively flat
D) permissive and the AD curve is relatively steep
E) permissive and the AD curve is vertical