Refer to Figure 10.2.1. Which graph illustrates the effect of a decrease in the quantity of...

   

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Refer to Figure 10.2.1. Which graph illustrates the effect of a decrease in the quantity of money? a. (a) only b. (d) only c. (c) only O d. Both (b) and (d) e. (b) only Price level (a) (c) Price level SAS SAS₁ ADO Real GDP SASO AD₁ ADO Real GDP Price level (b) (d) 0 Price level Figure 10.2.1 ADO SAS₁ SASO ADO Real GDP SASO AD₁ Real GDP Refer to Figure 10.1.1. Which graph illustrates the effect of an increase in factor prices? a. (c) b. (a) and (b) c. (a) (b) e. (d) O d. Price level (a) (c) Price level SAS SAS₁ ADO Real GDP SASO AD₁ ADO Real GDP (b) Price level Price level (d) Figure 10.1.1 ADO SAS₁ SASO AD₂ Real GDP SASO AD₁ Real GDP Refer to Figure 10.2.1. Which graph illustrates the effect of a decrease in the quantity of money? a. (a) only b. (d) only c. (c) only O d. Both (b) and (d) e. (b) only Price level (a) (c) Price level SAS SAS₁ ADO Real GDP SASO AD₁ ADO Real GDP Price level (b) (d) 0 Price level Figure 10.2.1 ADO SAS₁ SASO ADO Real GDP SASO AD₁ Real GDP Refer to Figure 10.1.1. Which graph illustrates the effect of an increase in factor prices? a. (c) b. (a) and (b) c. (a) (b) e. (d) O d. Price level (a) (c) Price level SAS SAS₁ ADO Real GDP SASO AD₁ ADO Real GDP (b) Price level Price level (d) Figure 10.1.1 ADO SAS₁ SASO AD₂ Real GDP SASO AD₁ Real GDP

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