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Refer to the Information Provided in Figure 32

Question 275

Multiple Choice

Refer to the information provided in Figure 32.2 below to answer the question(s) that follow. Refer to the information provided in Figure 32.2 below to answer the question(s) that follow. Figure 32.2 -Refer to Figure 32.2. According to the monetarists, a recession can be caused when A) AD<sub>1</sub> shifts to the right. B) AD<sub>1</sub> shifts to the left. C) AS<sub>1</sub> shifts to the left. D) LRAS shifts to the left. Figure 32.2
-Refer to Figure 32.2. According to the monetarists, a recession can be caused when


A) AD1 shifts to the right.
B) AD1 shifts to the left.
C) AS1 shifts to the left.
D) LRAS shifts to the left.

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