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    Macroeconomics Study Set 41
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    Exam 12: U.S Inflation, Unemployment, and Business Cycle
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    A Leftward Shift in the Aggregate Supply Curve
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A Leftward Shift in the Aggregate Supply Curve

Question 70

Question 70

Multiple Choice

A leftward shift in the aggregate supply curve


A) is the result of consumer expenditures exceeding available output.
B) increases both the price level and real GDP.
C) is the result of the Fed increasing the quantity of money.
D) is the result of a rise the price of a key resource.

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