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Refer to the Information Provided in Figure 18

Question 34

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Refer to the information provided in Figure 18.1 below to answer the questions that follow.
Refer to the information provided in Figure 18.1 below to answer the questions that follow. Figure 18.1 -Refer to Figure 18.1.According to the monetarists,a recession can be caused when A) AD<sub>1</sub> shifts to the right. B) AD<sub>1</sub> shifts to the left. C) AS<sub>1</sub> shifts to the left. D) LRAS shifts to the left. Figure 18.1
-Refer to Figure 18.1.According to the monetarists,a recession can be caused when


A) AD1 shifts to the right.
B) AD1 shifts to the left.
C) AS1 shifts to the left.
D) LRAS shifts to the left.

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