Monetary policy affects both the aggregate price level and the output in the long run.
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Q278: When the economy is developing an inflationary
Q279: On average, short-term interest rates are higher
Q280: The target overnight rate should be positively
Q280: To close a recessionary gap, the central
Q283: Quantitative easing occurs when instead of purchasing
Q285: The appropriate monetary policy to stabilize the
Q286: If the economy is at potential output
Q286: The interest rate is determined in the
Q291: A contractionary monetary policy is appropriate during
Q295: A contractionary monetary policy is appropriate during
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