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    Exam 12: Short-Run Fluctuations
  5. Question
    A Decrease in Money Supply Will Lead to ________ If
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A Decrease in Money Supply Will Lead to ________ If

Question 1

Question 1

Multiple Choice

A decrease in money supply will lead to ________ if nominal wages are fixed.


A) lower real wages
B) higher real wages
C) lower unemployment
D) higher output

Correct Answer:

verifed

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