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The Effect of an Increase in Aggregate Supply Is A(n)

Question 48

Multiple Choice

The effect of an increase in aggregate supply is a(n) :


A) increase in the general level of prices and a decrease in real output.
B) increase in the general level of prices and an increase in real output.
C) decrease in the general level of prices and a decrease in real output.
D) decrease in the general level of prices and an increase in real output.

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