Refer to the graph above. Assume that the economy is initially in equilibrium at the intersection of AD₁ and AS₁. Suppose that there is economic growth which shifts AS₁ to AS₂. With the shift from AS₁ to AS₂, the monetary rule would call for an increase in the money supply such that: A) AD₁ would shift to AD₂ B) AD₁ would shift to AD₃ C) AD₁ would shift to AD₄ D) AS₂ would shift to AS₁

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The Answer of Refer to the graph above. Assume that the economy is initially in equilibrium at the intersection of AD₁ and AS₁. Suppose that there is economic growth which shifts AS₁ to AS₂. With the shift from AS₁ to AS₂, the monetary rule would call for an increase in the money supply such that: A) AD₁ would shift to AD₂ B) AD₁ would shift to AD₃ C) AD₁ would shift to AD₄ D) AS₂ would shift to AS₁

Refer to the Graph Above