Multiple Choice
Figure 11-6
-Refer to Figure 11-6.Suppose the economy is operating at "a".Some people observe that an expansionary monetary policy will increase the money supply and ultimately drive the price level to the equilibrium at ______.They rationally adjust their behavior and the _______ curve shifts to the left and _______ becomes the new equilibrium point.
A) d; aggregate demand curve; d
B) b; aggregate demand curve; b
C) d; short-run aggregate supply curve; d
D) c; short-run aggregate supply curve; c
Correct Answer:

Verified
Correct Answer:
Verified
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