The ultimate objective of an expansionary monetary policy is depicted by: a. a decrease in the money

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The ultimate objective of an expansionary monetary policy is depicted by:

a. a decrease in the money supply from Sm3 to Sm2.

b. a reduction of the interest rate from 8 to 6 percent.

c. an increase in investment from $20 billion to $25 billion.

d. an increase in real GDP from Q1 to Qf.

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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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