Business, 10.03.2020 07:54, angelteddy033
When the money supply curve shifts from MS1 to MS2, Select one: a. None of the above is correct. b. the equilibrium price level decreases. c. the economy's ability to produce goods and services increases. d. the demand for goods and services decreases.
Answers: 2
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The ā effect means tommy's ā will shift because he has less purchasing power. as a result, he may choose the regular-size steak instead of the larger "hunter's portion" he prefers. the ā effect means tommy may spend some of the money he saved by ordering the smaller steak to order a bigger salad.
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When the money supply curve shifts from MS1 to MS2, Select one: a. None of the above is correct. b....
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