In the long run, what the contractionary monetary policy is trying to accomplish for the healthcare industry is that there will be higher interest rates in the short run to keep demand and inflation from rising. This is done to try to be the huge booming demand for healthcare. Unemployment is expected to decrease in the long run because of the demand in the healthcare industry. The long-term effects of the contractionary monetary policy would also be looking to stabilize the prices of the healthcare industry considering they are extremely high right now, this can be done by attempting to control the inflation rates in the economy. While it is thought that a contractionary monetary policy would increase unemployment because of slowed production
