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A Rightward Shift of the AD Curve in the Very

Question 263

Multiple Choice

A rightward shift of the AD curve in the very steep upper part of the short-run AS curve will


A) increase real output by more than the price level.
B) increase the price level by more than real output.
C) reduce real output by more than the price level.
D) reduce the price level by more than real output.

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