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How will the monetary expansion affect the aggregate demand? In your written work, explain why you went with the option of your choice. (a) (b)

How will the monetary expansion affect the aggregate demand? In your written work, explain why you went with the option of your choice. (a) (b) price P price P AD1 AD1 ADO ADo output Y output Y (c) (d) price P Interest rate r AD AD output Y output Y O a Ob O c Od

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