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johnpaul92 johnpaul92
wrote...
Posts: 2600
Rep: 9 0
8 years ago
In the extended classical model, an anticipated decrease in the money supply would cause output to ________ and the price level to ________ in the short run.
A) remain unchanged; increase
B) remain unchanged; decrease
C) increase; remain unchanged
D) increase; decrease
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 164 times
3 Replies

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wrote...
8 years ago
B.
johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
8 years ago
You're welcome, happy to help Slight Smile
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