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    Economic Principles
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    Exam 27: Monetary Policy and Interest Rates
  5. Question
    In the Short Run, After a Decrease in the Money
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In the Short Run, After a Decrease in the Money

Question 27

Question 27

Multiple Choice

In the short run, after a decrease in the money supply, employment _____, and the price level:


A) rises; rises.
B) rises; falls.
C) falls; rises.
D) falls; falls.

Correct Answer:

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