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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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    If People Correctly Expect an Increase in Aggregate Demand, Their
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If People Correctly Expect an Increase in Aggregate Demand, Their

Question 383

Question 383

Multiple Choice

If people correctly expect an increase in aggregate demand, their money wage rate___________ Immediately, the SAS curve shifts___________ .


A) fall; leftward
B) falls; rightward
C) rises; leftward
D) rises; rightward

Correct Answer:

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