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In the Aggregate Demand-Aggregate Supply Model,a Decrease in the Money

Question 8

Multiple Choice

In the aggregate demand-aggregate supply model,a decrease in the money supply will cause a short-run


A) increase in both the price level and real GDP
B) decrease in both the price level and real GDP
C) increase in real GDP and a decrease in the price level
D) decrease in real GDP and an increase in the price level
E) increase in the price level only

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