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Business, 27.11.2019 20:31 estherboocx

Which of the following describes the expected outcome of expansionary monetary policy in the short run?
choose one:
a. higher employment, higher output, and a higher price level
b. lower employment, higher output, and a higher price level
c. higher employment, higher output, and a lower price level
d. lower employment, lower output, and a lower price level

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