1. In the short run, expansionary monetary policy ___________ real gross domestic product (GDP), ___________ unemployment, and...
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1. In the short run, expansionary monetary policy ___________ real gross domestic product (GDP), ___________ unemployment, and ___________ the price level.
a. raises; raises; raises
b. raises; lowers; lowers
c. lowers; lowers; lowers
d. lowers; lowers; raises
e. raises; lowers; raises
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