Solved: Why would more expansionary policy increase long-term growth, Macroeconomics

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Why would more expansionary policy increase long-term growth

Problem

Historically, shifts toward a more expansionary monetary policy have often been associated with increases in real output. Why? Would a more expansionary policy increase the long-term growth rate of real GDP? Why or why not?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why would more expansionary policy increase long-term growth

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