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Refer to the Information Provided in Figure 32

question 83

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Refer to the information provided in Figure 32.2 below to answer the question(s) that follow. Refer to the information provided in Figure 32.2 below to answer the question(s)  that follow.   Figure 32.2 -Refer to Figure 32.2. According to ________, a(n)  ________ monetary policy in the short run and after all the adjustments have been made increases equilibrium output above Y<sub>1</sub>. A)  Keynes; contractionary B)  Keynes; expansionary C)  the new classicals; contractionary D)  the new classicals; expansionary Figure 32.2
-Refer to Figure 32.2. According to ________, a(n) ________ monetary policy in the short run and after all the adjustments have been made increases equilibrium output above Y1.


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