Multiple Choice
Use the following to answer questions :
Exhibit: AD-AS Shifts
-(Exhibit: AD-AS Shifts) Starting from long-run equilibrium at A with output equal to and the price level equal to P1, if there is an unexpected monetary contraction that shifts aggregate demand from AD1 to AD3, then the short-run nonneutrality of money is represented by the movement from:
A) A to B
B) A to G
C) A to C
D) A to D
Correct Answer:

Verified
Correct Answer:
Verified
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