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Question 4 4 ( 1 . 2 5 points ) Suppose the economy is in long - run equilibrium. If expansionary monetary policy is conducted,

Question 44(1.25 points)
Suppose the economy is in long-run equilibrium. If expansionary monetary policy is
conducted, then the unemployment rate will in the short-run and in the
long-run.
decrease; decrease
increase; increase
decrease; not change
increase; not change
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