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If the Economy's Short-Run Aggregate Supply Curve Is Upward Sloping

Question 89

Multiple Choice

If the economy's short-run aggregate supply curve is upward sloping, an increase in Jaggregate demand will cause


A) an increase in the price level and employment.
B) a decrease in the price level and employment.
C) an increase in the price level and a decrease in employment.
D) a decrease in the price level and an increase in employment.

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