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-In the Above Figure, the Economy Is Initially at Point

Question 53

Multiple Choice

-In the above figure, the economy is initially at point B. If the Reserve Bank decreases the quantity of money, there is A) a movement to point A. B) a shift to AD<sub>2</sub>. C) a shift to AD<sub>1</sub>. D) a movement to point C.
-In the above figure, the economy is initially at point B. If the Reserve Bank decreases the quantity of money, there is


A) a movement to point A.
B) a shift to AD2.
C) a shift to AD1.
D) a movement to point C.

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