Multiple Choice
How does a reduction in money supply affect the aggregate demand curve?
A) The curve shifts leftward, lowering real GDP and the price level.
B) The curve shifts leftward, raising real GDP and the price level.
C) The curve shifts rightward, lowering real GDP but raising the price level.
D) The curve shifts rightward, raising real GDP and the price level.
Correct Answer:
Verified
Correct Answer:
Verified
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