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Refer to the Information Provided in Figure 32

Question 278

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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, ________ can be caused when AD<sub>1</sub> shifts to the left. A) an increase in money demand B) a recession C) inflation D) stagflation Figure 32.2
-Refer to Figure 32.2. According to the monetarists, ________ can be caused when AD1 shifts to the left.


A) an increase in money demand
B) a recession
C) inflation
D) stagflation

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