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Morgarella [4.7K]
3 years ago
15

To fight the ongoing inflation the central bank reduces the supply of money by 30%. the long-run effect of this policy on the re

al gdp and the general price level will be:
Business
1 answer:
anzhelika [568]3 years ago
6 0
To fight the ongoing inflation the central bank reduces the supply of money by 30%. The long-run effect of this policy on the real GDP and the general price level will be parallel. This means nominal input or GDP also decreases including consumer spending, which causes a shift of aggregate demand (AD) curve towards the left — corresponding to lower price level.
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Aldo Leopold

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His work focused on the development of environmental ethics and wilderness conservation.

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3 0
3 years ago
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ioda
It would have to be  E 
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3 years ago
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What strategic role has emerged as critical in recent years in large organizations due to cyber attacks?
omeli [17]

Answer:

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Explanation:

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