4. The policy scenario described in question 3 is a response to short- rim uctuations. Does that result match up with the long-run response of
4. The policy scenario described in question 3 is a response to short- rim uctuations. Does that result match up with the long-run response of e? Illustrate and describe the ultimate long-run response of the exchange rate to such a policy. Is there a disconnect between the classical long-run concept of the Quantity Theory of Money and the ultimate change\"!l Why or why not'?I
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