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Figure 15-4 -In Figure 15-4,if Initial Equilibrium Is at Point C and Point

Question 32

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Figure 15-4 Figure 15-4 -In Figure 15-4,if initial equilibrium is at point C and there is an anticipated decrease in aggregate demand from A D₂ to A D₁ due to an anticipated decrease in the money supply,then A) the economy will move directly from point C to point A without passing through point D. B) the economy will move directly from point C to point D,and will remain at point D in the long run. C) the price level will shift to P₂ in the short run. D) the price level will shift to P₂ in the long run.
-In Figure 15-4,if initial equilibrium is at point C and there is an anticipated decrease in aggregate demand from A D₂ to A D₁ due to an anticipated decrease in the money supply,then


A) the economy will move directly from point C to point A without passing through point D.
B) the economy will move directly from point C to point D,and will remain at point D in the long run.
C) the price level will shift to P₂ in the short run.
D) the price level will shift to P₂ in the long run.

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