according to the quantity theory of money, a decrease in money supply would a) raise the price level and output in the economy b) lower the price level and output in the economy c) raise the price level in the economy d) lower the price level in the economy e) raise the price level and lower output in the economyaccording to the quantity theory of money, a decrease in money supply would a) raise the price level and output in the economy b) lower the price level and output in the economy c) raise the price level in the economy d) lower the price level in the economy e) raise the price level and lower output in the economyaccording to the quantity theory of money, a decrease in money supply would a) raise the price level and output in the economy b) lower the price level and output in the economy c) raise the price level in the economy d) lower the price level in the economy e) raise the price level and lower output in the economy