Business, 14.07.2021 01:00 velazquezemmy45

Monetary policy is neutral in both the short-run and the long-run. b. Though monetary policy is neutral in the long-run, it may have effects on real variables in the short-run. c. Monetary policy has profound effects on real variables in both the short-run and the long-run. d. Monetary policy has profound effects on real variables in the long-run, but is neutral in the short-run.

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Monetary policy is neutral in both the short-run and the long-run. b. Though monetary policy is neut...