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    Macroeconomics Study Set 12
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    Exam 17: New Classical Macro and New Keynesian Macro
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    A Positive "Price Surprise" Will Result in a
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A Positive "Price Surprise" Will Result in a

Question 15

Question 15

Multiple Choice

A positive "price surprise" will result in a


A) leftward shift in the short-run SAS curve.
B) leftward shift in the short-run AD curve.
C) rightward shift in the short-run AD curve.
D) rightward shift in the short-run SAS curve.

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