According to new classical economists, if the Fed ________ the money supply after it announces it will do so, output remains constant and the price level ________.
A) increases; decreases
B) decreases; increases
C) decreases; remains constant
D) decreases; decreases

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The Answer of According to new classical economists, if the Fed ________ the money supply after it announces it will do so, output remains constant and the price level ________.
A) increases; decreases
B) decreases; increases
C) decreases; remains constant
D) decreases; decreases

According to New Classical Economists, If the Fed ________ the Money