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QUESTION
Monetary policy cannot: [1] lower real interest rates in the short run. [2] lower nominal interest rates in the long run. [3] lower nominal interest...
50. Monetary policy cannot:
[1] lower real interest rates in the short run.
[2] lower nominal interest rates in the long run.
[3] lower nominal interest rates in the short run.
[4] avoid engaging in successively larger open market operations.
[5] All of the above
