Question

Suppose the central bank implements expansionary monetary policy where the money supply increases. Which of the following will tend to occur in the long run as a result of this monetary policy​ action?
Part 2
A.
Output will increase with no change in the price level.
B.
an increase in the price level and no change in output
C.
no change in either the price level or output
D.
Output and the price level will both increase.

Answer 1

Answer:

D they both will increase

Explanation:

Goodluck on that.