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Consider the AD-AS model in the following picture. If the original level of aggregate demand is Ef, what will be the effect of an expansionary

Consider the AD-AS model in the following picture. If the original level of aggregate demand is Ef, what will be the effect of an expansionary monetary policy that shifts aggregate demand from ADf to ADi? This is an AD-AS diagram with three AD curves. Question 17 Answer a. I don't know. b. stagflation c. inflation and unemployment d. inflation, but little employment

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