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Question 200

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Figure: AD-AS Model II Use the following to answer questions: Figure: AD-AS Model II -(Figure: AD-AS Model II) Refer to Figure: AD-AS Model II. If the central bank reduces the quantity of money that is circulating in the economy, the _____ curve will shift to the _____. A) LRAS; right B) LRAS; left C) AD<sub>1</sub>; left D) AD<sub>1</sub>; right
-(Figure: AD-AS Model II) Refer to Figure: AD-AS Model II. If the central bank reduces the quantity of money that is circulating in the economy, the _____ curve will shift to the _____.


A) LRAS; right
B) LRAS; left
C) AD1; left
D) AD1; right

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