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For a given country, the impact of expansionary monetary policy is . For a given country, the impact of expansionary monetary policy is . 1.

For a given country, the impact of expansionary monetary policy is . For a given country, the impact of expansionary monetary policy is . 1. diminished if banks are not willing to extend loans to individuals and businesses 2. enhanced if it leads to significant levels of inflation 3. generally the same regardless of commercial banks' lending policies

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