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    Macroeconomics Study Set 48
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    Exam 15: Monetary Policy
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    In the Long Run, the Only Effect of Monetary Policy
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In the Long Run, the Only Effect of Monetary Policy

Question 154

Question 154

Multiple Choice

In the long run, the only effect of monetary policy is on the:


A) long-run aggregate supply.
B) interest rate.
C) aggregate output level.
D) aggregate price level.

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