Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 34 - Part XII - The Influence of Monetary and Fiscal Policy on Aggregate Demand - Quick Check Multiple Choice - Page 767: 1

Answer

b. expands, higher, lower

Work Step by Step

Increasing the money supply increases aggregate demand and inflation, but it lowers unemployment.
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