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A credit crunch ____________ the effects of a loose monetary policy, and ____________ the effects of a tight monetary policy. A. magnifies, offsets B. offsets,
A credit crunch ____________ the effects of a loose monetary policy, and ____________ the effects of a tight monetary policy.
A. magnifies, offsets
B. offsets, offsets
C. offsets, magnifies
D. magnifies, magnifies
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