Question 3 An expansionary monetary policy that affects the price level but not real output must result in the shift of: both the AD and SAS curves. only the AD curve. only the SAS curve. neither the SAS curve nor the AD curve. 2 points

Question 3
An expansionary monetary policy that affects the price level but not real output must result in the shift of:
both the AD and SAS curves.
only the AD curve.
only the SAS curve.
neither the SAS curve nor the AD curve.
2 points

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