Multiple Choice
What is the result of an increase in the price level?
A) It will shift the short-run aggregate supply curve to the left.
B) It will shift the short-run aggregate supply curve to the right.
C) It will move the economy down along a stationary short-run aggregate supply curve.
D) It will move the economy up along a stationary short-run aggregate supply curve.
Correct Answer:
Verified
Correct Answer:
Verified
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