Multiple Choice
A rightward shift in the AD curve accompanied by a leftward shift of the AS curve will result in
A) an increase the price level and an uncertain effect on unemployment.
B) a reduction in the price level and an uncertain effect on unemployment.
C) an increase in unemployment and an uncertain effect on the price level.
D) a reduction in unemployment and an uncertain effect on the price level.
E) a reduction in both unemployment and the price level.
Correct Answer:

Verified
Correct Answer:
Verified
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