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According to the Misperceptions Theory,an Unanticipated Decrease in the Money

Question 96

Multiple Choice

According to the misperceptions theory,an unanticipated decrease in the money supply shifts the AD curve to the ________,causing output to ________ in the short run.


A) right;rise
B) right;fall
C) left;rise
D) left;fall

Correct Answer:

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