A decrease in the money supply causes:
1.a long-run decrease in the level of output.
2.both a long-run and short-run decrease in the level of output.
3.a short-run decrease in the level of output.
4.no changes in the level of output.
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A decrease in the money supply causes:
1.a long-run decrease in the level of output.
2.both a long-run and short-run decrease in the level of output.
3.a short-run decrease in the level of output.
4.no changes in the level of output.

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