Use the AD/AS model to evaluate monetary policy Directions Contractionary monetary policy is used to reduce unanticipated
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Contractionary monetary policy is used to reduce unanticipated inflation but will also cause higher unemployment as the policies slow economic activity. In your opinion, which is more damaging in an economy, high inflation or high unemployment?
Give two reasons to support your point of view and support your ideas with one quote from an outside source (include the URL)
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