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Which of the following will occur when the central bank pursues expansionary monetary policy?
International Currency
A currency that is widely used for global transactions and accepted between countries, such as the US dollar or Euro.
Paul Krugman
An American economist and columnist known for his work on international economics, trade theory, and economic geography, as well as for being a Nobel laureate.
Dollar
The name of the official currency in several countries, including the United States, and a standard unit of currency in international markets.
Gold Supply
The total amount of gold available in the market, including mined gold, recycled gold, and central bank gold reserves.
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