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

Verified
Correct Answer:
Verified
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