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Suppose the economy is initially at point A. In order to reduce inflation, the central bank used monetary policy, and then people changed their expected
Suppose the economy is initially at point A. In order to reduce inflation, the central bank used monetary policy, and then people changed their expected price level. Which of the following movement can explain this process? From point A to point B and then to point A. From point A to point B and then to point C. From point A to point D and then to point C. From point A to point D and then to point A
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