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Munze Munze
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6 years ago
Which of the following represents a short-run effect of a monetary expansion?
A) an increase in output
B) a reduction in the interest rate
C) an increase in the price level
D) all of the above
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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6 years ago
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Munze Author
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#2
5 years ago
Excellent answer!
Macroeconomics, 6/E (Blanchard, Johnson)
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