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Explain in-depth how monetary policy affects real GDP and price level through interest rates and investment. In connection to this consequently, will monetary policies be
Explain in-depth how monetary policy affects real GDP and price level through interest rates and investment. In connection to this consequently, will monetary policies be effective in changing the real GDP and price level if interest rates remain the same or if firms do not respond to a change in an interest rate? Help explain in-depth, please!
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