Refer to the Following Figure to Answer the Following Questions

question 47

Multiple Choice

Refer to the following figure to answer the following questions.
-According to the figure,contractionary monetary policy starting at full-employment equilibrium will go from point ________ to point ________ in the short run and then to point ________ in the long run.

• A) A; D; A
• B) C; B; A
• C) A; D; C
• D) C; D; C
• E) C; D; A

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