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Exhibit 8-4 -Refer to Exhibit 8-4. a Shift in Short-Run Aggregate Supply

Question 146

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Exhibit 8-4
Exhibit 8-4    -Refer to Exhibit 8-4. A shift in short-run aggregate supply from SRAS? to SRAS? would have been the result of A)  a decrease in the price level. B)  an increase in the price level. C)  an adverse supply shock. D)  a beneficial supply shock.
-Refer to Exhibit 8-4. A shift in short-run aggregate supply from SRAS? to SRAS? would have been the result of


A) a decrease in the price level.
B) an increase in the price level.
C) an adverse supply shock.
D) a beneficial supply shock.

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