When the economy is initially above full employment,how can monetary policy affect real output?
A)An expansionary monetary policy can potentially result in an increased price level.
B)A contractionary monetary policy can potentially result in an increased price level.
C)An expansionary monetary policy can potentially result in increased real output by shifting the LRAS.
D)A contractionary monetary policy can potentially result in increased real output, but only in the short run.

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The Answer of When the economy is initially above full employment,how can monetary policy affect real output?
A)An expansionary monetary policy can potentially result in an increased price level.
B)A contractionary monetary policy can potentially result in an increased price level.
C)An expansionary monetary policy can potentially result in increased real output by shifting the LRAS.
D)A contractionary monetary policy can potentially result in increased real output, but only in the short run.

When the Economy Is Initially Above Full Employment,how Can Monetary