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Economics
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Economics
The chain of events that results from an expansionary monetary policy is ?
A
aggregate output increases the demand for money increase the interest rate increase planned investment
Option A
money supply increases the interest rate decrease planned investment increases aggregate output increases and money demand increase
Correct answer
C
money supply increases the interest rate increase planned investment increases aggregate output increases and money demand increases
Option C
D
money demand increases the interest rate decreases planned investment increases aggregate output increases and money demand increases
Option D
Correct answer: B
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