When the economy is in a recession, a(n) :
A) expansionary monetary policy can potentially result in increased real output, but only in the short run
B) expansionary monetary policy can potentially result in increased real output in both the short run and the long run.
C) contractionary monetary policy can potentially result in increased real output, but only in the short run
D) contractionary monetary policy can potentially result in increased real output in both the short run and the long run
E) expansionary monetary policy can further increase the recessionary gap due to the impact of the negative sentiments in the market.
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