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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: The Phillips Curve
  5. Question
    If a Central Bank Decreases the Money Supply,then
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If a Central Bank Decreases the Money Supply,then

Question 23

Question 23

Multiple Choice

If a central bank decreases the money supply,then


A) prices,output,and unemployment rise.
B) prices and output rise and unemployment falls.
C) prices rise and output and unemployment fall.
D) prices and output fall and unemployment rises.

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