Multiple Choice
According to the misperceptions theory,an anticipated decline in the money supply leads to a shift of the AD curve ________ and a shift of the SRAS curve ________.
A) down and to the left; downward
B) down and to the left; upward
C) up and to the right; downward
D) up and to the right; upward
Correct Answer:
Verified
Correct Answer:
Verified
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