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Refer to the graph shown below. Suppose the economy is initially at A but then the Fed adopts a contractionary monetary policy. Using the AS/AD

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Refer to the graph shown below. Suppose the economy is initially at A but then the Fed adopts a contractionary monetary policy. Using the AS/AD model reasoning, this policy will cause the economy to move to A. B in the short run and the long run. B. A in the short run and the long run. C. C in the short run and E in the long run. D. C in the short run and A in the long run

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