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Refer to the Information Provided in Figure 17

Question 270

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Refer to the information provided in Figure 17.2 below to answer the questions that follow. Refer to the information provided in Figure 17.2 below to answer the questions that follow. Figure 17.2 -Refer to Figure 17.2. 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 17.2
-Refer to Figure 17.2. 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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