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-Using the Above Figure as a Starting Point, a Recession

Question 272

Multiple Choice

-Using the above figure as a starting point, a recession in the monetarist model would begin with a A) rightward shift in the AD curve. B) leftward shift in the AD curve. C) leftward shift in the SAS curve. D) leftward shift in the LAS curve.
-Using the above figure as a starting point, a recession in the monetarist model would begin with a


A) rightward shift in the AD curve.
B) leftward shift in the AD curve.
C) leftward shift in the SAS curve.
D) leftward shift in the LAS curve.

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