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    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    The SAS Curve Shifts Leftward If
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The SAS Curve Shifts Leftward If

Question 70

Question 70

Multiple Choice

The SAS curve shifts leftward if


A) good weather increases agricultural harvests.
B) OPEC reduces world oil prices.
C) tax cuts stimulate labor supply.
D) the money wage rate increases.

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