Why does monetary policy affect the economy in the short run but not in the long run?

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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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Question Posted: Feb 28, 2024 04:01 AM

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Why does monetary policy affect the economy in the short run but not in the long run?

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The statement that monetary policy affects the economy in the short run but not in the long run requires clarification and nuance While its true that ...View the full answer

Macroeconomics

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