Monetary policy is limited in that:
A. it can only affect inflation in the long run.
B. it can only affect real growth in the short run.
C. it can only affect real growth in the long run.
D. it can only affect inflation in the short run.
Ans: B. it can only affect real growth in the short run.
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The subject of borrowing by the U.S. from its citizens and from other countries, has resulted in one of the fiercest policy debates in recent years
a. True b. False Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
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