## Question

###### Use the following information to work. The Bank of Korea's monetary policy is to reduce the vulnerability of South Korean won and achieve price stabilization through increasing money supply and lowering interest rates.How does the policy affect the price level in the short run and the long run?

Use the following information to work. The Bank of Korea's monetary policy is to reduce the vulnerability of South Korean won and achieve price stabilization through increasing money supply and lowering interest rates. How does the policy affect the price level in the short run and the long run?

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