Question
If the central bank increases the money supply, then an immediate effect on the AD-AS curve in the short run would be: a. shift of
If the central bank increases the money supply, then an immediate effect on the AD-AS curve in the short run would be:
a. shift of AD curve to the left.
b. shift of AD curve to the right.
c. shift of AS curve to the right.
d. no shift of AD and AS curve.
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
