Monetary policy will move the economy to point

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Reference no: EM131392199

Refer to Exhibit 15-3. The economy is initially at point 1. Ideally, __________ monetary policy will move the economy to point __________.

a. expansionary; 9

b. contractionary; 4

c. expansionary; 8

d. expansionary; 7

e. contractionary; 2

Reference no: EM131392199

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