In the Aggregate Demand-Aggregate Supply Model,a Decrease in the Money

question 8

Multiple Choice

In the aggregate demand-aggregate supply model,a decrease in the money supply will cause a short-run

• A)increase in both the price level and real GDP
• B)decrease in both the price level and real GDP
• C)increase in real GDP and a decrease in the price level
• D)decrease in real GDP and an increase in the price level
• E)increase in the price level only

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