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    Economics Principles and Policy Study Set 2
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    Exam 26: Bringing in the Supply Side: Unemployment and Inflation
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    A Higher Expected Price Level Would Shift the Short-Run Aggregate
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A Higher Expected Price Level Would Shift the Short-Run Aggregate

Question 149

Question 149

True/False

A higher expected price level would shift the short-run aggregate supply curve to the left, and a lower expected price level would shift the short-run aggregate supply curve to the right.

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