According to the Misperceptions Theory,an Anticipated Decline in the Money

question 54

Multiple Choice

According to the misperceptions theory,an anticipated decline in the money supply leads to a shift of the AD curve ________ and a shift of the SRAS curve ________.

• A)down and to the left; downward
• B)down and to the left; upward
• C)up and to the right; downward
• D)up and to the right; upward

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Definitions:

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