In the Short Run, If the Fed Undertakes Contractionary Monetary

question 86

Multiple Choice

In the short run, if the Fed undertakes contractionary monetary policy, the effect will be to shift the:

• A)AD curve out to the right.
• B)AD curve in to the left.
• C)SAS curve up.
• D)SAS curve down.

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Definitions:

Food Pyramid

A visual representation to illustrate the recommended balance of different food groups in a healthy diet.

Available Energy

The portion of energy in a system that can be used to perform work.

Trophic Level

A position that an organism occupies in a food chain, which is a way of categorizing living things according to how they gain their energy.

Harvest

The process of gathering ripe crops from the fields, or the period during which this activity occurs.