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    Exam 23: Real Gdp and the Price Level in the Short Run
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    Which of the Following Could Cause the Economy's AS Curve
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Which of the Following Could Cause the Economy's AS Curve

Question 13

Question 13

Multiple Choice

Which of the following could cause the economy's AS curve to shift upward in the short run?


A) an increase in the cost of capital
B) a decrease in the cost of capital
C) a decrease in nominal wages
D) a decrease in the price level
E) an improvement in technology

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