Card 59 / 145: Disinflation in the 1980s was a result of
A)
leftward shifts in the aggregate demand curve due to money supply reductions.
B)
leftward shifts in the Solow growth curve due to negative real shocks.
C)
the gradual return of the economy toward the Solow growth curve.
D)
leftward shifts in the aggregate supply curve due to sticky wages and prices.
Answer:
A) leftward shifts in the aggregate demand curve due to money supply reductions.
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