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Question 224

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Use the following to answer questions:
Figure: AD-AS Model II Use the following to answer questions: Figure: AD-AS Model II   -(Figure: AD-AS Model II)  Refer to Figure: AD-AS Model II. When firms decrease their investment spending, in the short run the _____ curve will shift to the _____. A)  LRAS; left B)  LRAS; right C)  AD; right D)  AD; left
-(Figure: AD-AS Model II) Refer to Figure: AD-AS Model II. When firms decrease their investment spending, in the short run the _____ curve will shift to the _____.


A) LRAS; left
B) LRAS; right
C) AD; right
D) AD; left

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