In the short run, if the central bank decreases the money supply, the currene will and output will --- appreciate; rise appreciate; fall depreciate; rise O depreciate; fall
In the short run, if the central bank decreases the money supply, the currene will and output will --- appreciate; rise appreciate; fall depreciate; rise O depreciate; fall
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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will
and output will
O appreciate; rise
O appreciate; fall
O depreciate; rise
O depreciate; fall"
Transcribed Image Text:In the short run, if the central bank decreases the money supply, the currency
will
and output will
O appreciate; rise
O appreciate; fall
O depreciate; rise
O depreciate; fall
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