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  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    -In the Above Figure, the Economy Is at Point A an Increase
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-In the Above Figure, the Economy Is at Point A an Increase

Question 91

Question 91

Multiple Choice

  -In the above figure, the economy is at point A. An increase in oil prices occurs. After the increase in oil prices, the Fed responds by increasing the quantity of money. The economy moves from point A to A)  D to point C. B)  B to point C. C)  C to point D. D)  C to point B.
-In the above figure, the economy is at point A. An increase in oil prices occurs. After the increase in oil prices, the Fed responds by increasing the quantity of money. The economy moves from point A to


A) D to point C.
B) B to point C.
C) C to point D.
D) C to point B.

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