Refer to the information provided in Figure 32.2 below to answer the question(s) that follow.
Figure 32.2Refer to Figure 32.2. According to ________, a(n) ________ monetary policy in the short run and after all the adjustments have been made increases equilibrium output above Y1.
A. Keynes; expansionary
B. Keynes; contractionary
C. the new classicals; contractionary
D. the new classicals; expansionary
Answer: A
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