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According to the quantity theory of money, how would a decrease in velocity affect AD?
A decrease in V would require a lower Y for any given level of P (or vice versa), so AD would shift to the left (down).
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Richard Walton
A notable figure in the field of industrial relations, known for his contributions to improving workplace relations and developing conflict resolution strategies.
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Changes or improvements made to processes (in manufacturing, technology, management, etc.) aimed at enhancing efficiency, productivity, or quality.
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