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According to the domestic monetary transmission mechanism, less money causes A. A negative aggregate demand shock, decreased real GDP, decrease unemployment, and failing average prices.
According to the domestic monetary transmission mechanism, less money causes
A. A negative aggregate demand shock, decreased real GDP, decrease unemployment, and failing average prices.
B. Higher interest rates, which increase the cost of borrowing and decrease consumption and investment spending.
C. A positive aggregate demand shock, increased real GDP, decreased unemployment, and rising average prices.
D. A negative aggregate demand shock, increased real GDP, increased unemployment, and rising average prices.
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