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If the Current Macroequilibrium Is Below an Output Level of That

Question 138

Multiple Choice

If the current macroequilibrium is below an output level of that associated with full employment,how would the current equilibrium be impacted by a rightward shift of the aggregate supply curve,ceteris paribus?


A) A higher price level and a higher level of output.
B) A higher price level and a lower level of output.
C) A recession or depression.
D) A lower price level and a higher level of output.

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