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-Refer to Exhibit 15-3

Question 57

Multiple Choice

-Refer to Exhibit 15-3.The economy is currently at point 5.If contractionary monetary policy is implemented,and prices are flexible,the economy will likely move to point ______ in the short run. A) 1 B) 3 C) 2 D) 4 E) none of the above
-Refer to Exhibit 15-3.The economy is currently at point 5.If contractionary monetary policy is implemented,and prices are flexible,the economy will likely move to point ______ in the short run.


A) 1
B) 3
C) 2
D) 4
E) none of the above

Correct Answer:

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