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    Principles of Economics Study Set 8
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    Exam 33: Aggregate Demand and Aggregate Supply
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    If Aggregate Demand Shifts Right, Then Eventually Price Level Expectations
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If Aggregate Demand Shifts Right, Then Eventually Price Level Expectations

Question 46

Question 46

True/False

If aggregate demand shifts right, then eventually price level expectations rise. The increase in price level expectations causes the short-run aggregate-supply curve to shift to the left.

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