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    Modern Principles Macroeconomics
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    Exam 13: Business Fluctuations
  5. Question
    An Increase in Expected Inflation Will Cause the Economy's Short-Run
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An Increase in Expected Inflation Will Cause the Economy's Short-Run

Question 40

Question 40

Multiple Choice

An increase in expected inflation will cause the economy's short-run aggregate supply curve to:


A) shift outward.
B) shift inward.
C) become steeper.
D) become flatter.

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