According to the misperceptions theory,an anticipated 10% decrease in the money supply leads to a short-run reduction in the price level of
A)0%.
B)5%.
C)some amount between 0% and 10%.
D)10%.

Question

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The Answer of According to the misperceptions theory,an anticipated 10% decrease in the money supply leads to a short-run reduction in the price level of
A)0%.
B)5%.
C)some amount between 0% and 10%.
D)10%.

According to the Misperceptions Theory,an Anticipated 10% Decrease in the Money