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    Exam 10: Aggregate Supply.
  5. Question
    Exhibit 10.1 -Refer to Exhibit 10.1, Which Shows the Short-Run Aggregate Supply
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Exhibit 10.1 -Refer to Exhibit 10.1, Which Shows the Short-Run Aggregate Supply

Question 182

Question 182

Multiple Choice

Exhibit 10.1
Exhibit 10.1    -Refer to Exhibit 10.1, which shows the short-run aggregate supply (SRAS)  curve of an economy. At a price of P₁, firms will _____ A)  supply less than potential output. B)  supply more than potential output. C)  supply potential output. D)  increase prices. E)  decrease prices.
-Refer to Exhibit 10.1, which shows the short-run aggregate supply (SRAS) curve of an economy. At a price of P₁, firms will _____


A) supply less than potential output.
B) supply more than potential output.
C) supply potential output.
D) increase prices.
E) decrease prices.

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