Contractionary Monetary Policy

question 190

Multiple Choice

Contractionary monetary policy

• A)leads to disinflation and makes the short-run Phillips curve shift right.
• B)leads to disinflation and makes the short-run Phillips curve shift left.
• C)does not lead to disinflation but makes the short-run Phillips curve shift right.
• D)does not lead to disinflation but makes the short-run Phillips curve shift left.

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