Multiple Choice
Use the figure below to answer the following questions.
Figure 28.1.1
-Refer to Figure 28.1.1. Suppose the economy moves from point D to point B. According to the monetarist theory of the business cycle, what could have caused this movement?
A) a decrease in the money wage rate
B) an increase in uncertainty about future sales and profits
C) an increase in the growth rate of the quantity of money
D) an increase in the money wage rate
E) a decrease in exports
Correct Answer:

Verified
Correct Answer:
Verified
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