Multiple Choice
According to the misperceptions theory,after an unanticipated increase in the money supply has occurred,the SRAS curve must shift ________ to restore general equilibrium; as it does so,the price level ________.
A) downward; rises
B) downward; falls
C) upward; rises
D) upward; falls
Correct Answer:
Verified
Correct Answer:
Verified
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