(Figure: Changing Demand) What do graphs "A" and "B" represent for an economy?
A) "A" represents an expansionary monetary policy; "B" represents a contractionary monetary policy
B) "A" represents a contractionary monetary policy; "B" represents an expansionary monetary policy
C) "A" represents an economy moving out of an inflationary boom; "B" represents an economy moving out of a recession
D) "A" represents a decrease in money supply; "B" represents an increase in money supply
Correct Answer:
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