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Monetary Policy and Aggregate Demand
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Monetary Policy and Aggregate Demand
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19. Monetary Policy / Monetary Policy and Aggregate Demand / Problem 8
Problem 8
How does a decrease in the money supply affect the aggregate demand curve?
A
It makes the aggregate demand curve steeper.
B
It has no effect on the aggregate demand curve.
C
It shifts the aggregate demand curve to the right.
D
It shifts the aggregate demand curve to the left.
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