If the Fed pursues expansionary monetary policy,
q,
aggregate demand will rise, and the price level will rise. aggregate demand will fall, and the price level will fall. aggregate demand will rise, and the price level will fall. aggregate demand will fall, and the price level will rise.

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If the Fed pursues expansionary monetary policy,

q,

aggregate demand will rise, and the price level will rise. aggregate demand will fall, and the price level will fall. aggregate demand will rise, and the price level will fall. aggregate demand will fall, and the price level will rise.

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