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    Modern Principles Macroeconomics
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    Exam 13: Business Fluctuations
  5. Question
    An Increase in Inflation Immediately Causes a Downward Shift of the Short-Run
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An Increase in Inflation Immediately Causes a Downward Shift of the Short-Run

Question 127

Question 127

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An increase in inflation immediately causes a downward shift of the short-run aggregate supply curve.

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