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  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: Shifts in the Phillips Curve the Role of Expectations
  5. Question
    Figure 35-7 Use the Two Graphs in the Diagram to Answer the Answer
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Figure 35-7 Use the Two Graphs in the Diagram to Answer the Answer

Question 1

Question 1

Multiple Choice

Figure 35-7
Use the two graphs in the diagram to answer the following questions. Figure 35-7 Use the two graphs in the diagram to answer the following questions.   -Refer to Figure 35-7.The economy would move from C to B A) in the short run if money supply growth increased unexpectedly. B) in the short run if money supply growth decreased unexpectedly. C) in the long run if money supply growth increases. D) in the long run if money supply growth decreases.
-Refer to Figure 35-7.The economy would move from C to B


A) in the short run if money supply growth increased unexpectedly.
B) in the short run if money supply growth decreased unexpectedly.
C) in the long run if money supply growth increases.
D) in the long run if money supply growth decreases.

Correct Answer:

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