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A Decrease in Real Money Supply Caused by an Increase

Question 23

Multiple Choice

A decrease in real money supply caused by an increase in the price level is graphically represented by


A) a shift of the AD-curve to the right
B) a shift of the AD-curve to the left
C) movement along the AD-curve to the right
D) movement along the AD-curve to the left
E) a shift of the AS-curve to the right

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