-In the above figure, the economy is initially at point A. According to the monetarists, which point best represents the consequence of a short-run response to a decrease in the growth rate of the quantity of money?
A) A, that is, there is no change.
B) B
C) C
D) D

Question

-In the above figure, the economy is initially at point A. According to the monetarists, which point best represents the consequence of a short-run response to a decrease in the growth rate of the quantity of money?
A) A, that is, there is no change. 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

The Answer of 
-In the above figure, the economy is initially at point A. According to the monetarists, which point best represents the consequence of a short-run response to a decrease in the growth rate of the quantity of money?
A) A, that is, there is no change. 
B) B 
C) C 
D) D

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