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Use the Figure Below to Answer the Following Question(s)

Question 173

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Use the figure below to answer the following question(s) . Figure 10-10
Use the figure below to answer the following question(s) . Figure 10-10   Given the aggregate demand and aggregate supply conditions depicted in Figure 10-10, which of the following will tend to occur? A)  an increase in resource prices, which will shift SRAS to the left B)  a decrease in resource prices, which will shift SRAS to the left C)  an increase in the real rate of interest, which will shift aggregate demand to the left D)  a decrease in the real rate of interest, which will shift aggregate demand to the left E)  Both b and c are correct. Given the aggregate demand and aggregate supply conditions depicted in Figure 10-10, which of the following will tend to occur?


A) an increase in resource prices, which will shift SRAS to the left
B) a decrease in resource prices, which will shift SRAS to the left
C) an increase in the real rate of interest, which will shift aggregate demand to the left
D) a decrease in the real rate of interest, which will shift aggregate demand to the left
E) Both b and c are correct.

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