Describe the effects,in both the short run and the long run,of a decline in the money supply.Explain what happens to real output and the price level.

Name: Describe the effects,in both the short run and the long run,of a decline in the money supply.Explain what happens to real output and the price level.
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The Answer of Describe the effects,in both the short run and the long run,of a decline in the money supply.Explain what happens to real output and the price level.

Describe the Effects,in Both the Short Run and the Long