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    The Economics of Money Banking Study Set 4
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    Exam 22: Aggregate Demand and Supply Analysis
  5. Question
    According to the Quantity Theory of Money,a Decrease in the Money
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According to the Quantity Theory of Money,a Decrease in the Money

Question 6

Question 6

Multiple Choice

According to the quantity theory of money,a decrease in the money supply,________ aggregate ________,everything else held constant.


A) increases; demand
B) decreases; demand
C) decreases; supply
D) increases; supply

Correct Answer:

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