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If monetary policymakers do not change their inflation target and conduct monetary policy to combat a decrease of aggregate demand, then from the point that

If monetary policymakers do not change their inflation target and conduct monetary policy to combat a decrease of aggregate demand, then from the point that the economy was when the monetary action began we would see ____________________________________________________.

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a temporary increase in output and inflation

potential output and inflation decrease

a long run reduction in inflation

a long run increase in inflation

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