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Business, 03.08.2021 21:10 ahoney2233

Explain the effect of the expansionary monetary policy on the price level and output in the short run. 3.Explain the effect on the price level and output in the long run. 4.Explain what you think will happen to the nominal rate of interest and the real rate of interest in the short run as the Fed continues to increase the money supply.

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Explain the effect of the expansionary monetary policy on the price level and output in the short ru...

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