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Expansionary monetary policy usually has real expansionary short-run effects. As prices adjust, typically the long-run real impact of expansionary monetary policy is Question 38 options:

Expansionary monetary policy usually has real expansionary short-run effects. As prices adjust, typically the long-run real impact of expansionary monetary policy is Question 38 options: a) even more expansionary than the short-run impact. b) minimal. c) contractionary. d) unknown. e) still expansionary, but less than the short-run impact

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