Contractionary monetary policy causes _ in the price level in the short run and _ in the price level in the long run. a decrease; a decrease a decrease; no change no cha…

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Contractionary monetary policy causes _____ in the price level in the short run and _____ in the price level in the long run. a decrease; a decrease a decrease; no change no cha…

asked Jul 20, 2018 30.6k views

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Sators · Answer 1 · 2018-07-25T15:34:23+0000

The answers to the blank lines in the problem mentioned above are both "a decrease" such as to complete the sentence we have "Contractionary monetary policy causes A DECREASE in the price level in the short-run and A DECREASE in the price level in the long run"

Contractionary monetary policy causes _ in the price level in the short run and _ in the price level in the long run. a decrease; a decrease a decrease; no change no cha…

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