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Refer to the following figure to answer the next three questions:
-According to the figure,if the policy is fully expected,expansionary monetary policy will cause an economy initially in full-employment equilibrium to see real gross domestic product (GDP) :
Vision
A clear and inspirational long-term desired outcome that a person or organization aims to achieve.
Communicating
The process of conveying information, ideas, feelings, and thoughts through speech, writing, signals, or behavior to achieve effective understanding or action.
Incentives
Motivations or rewards offered to encourage specific behaviors or actions.
Misused Power
Instances where authority is used inappropriately or unethically, often leading to unfair outcomes or abuses of rights.
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