Multiple Choice
If the price level falls by 5 percent,then all else being equal,the long-run aggregate supply curve will
A) remain unchanged.
B) shift to the right to reflect an increase in output of 5 percent.
C) shift to the right to reflect an increase in output of more than 5 percent.
D) shift to the left to reflect a decrease in output of 5 percent.
E) shift to the left to reflect a decrease in output of more than 5 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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