One key implication of the MABR is that expansionary monetary policy:
A) Always increases output.
B) Always decreases output.
C) Alters output in the short run, but not in the long run.
D) Does not alter output in the short run or the long run.

Question

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The Answer of One key implication of the MABR is that expansionary monetary policy:
A) Always increases output.
B) Always decreases output.
C) Alters output in the short run, but not in the long run.
D) Does not alter output in the short run or the long run.

One Key Implication of the MABR Is That Expansionary Monetary