Which of the following statements is False? Question 27 Select one: a. A reduction in the money supply, will in the medium run to decrease the price level b. When the economy is operating at a point where output is greater than the natural level of output, the unemployment rate is less than the natural unemployment rate c. An increase in the government spending will, in the short run, to increase investment d. An increase in the price of oil will, in the short run, to increase in inflation rate