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    Exam 17: New Classical Macro and New Keynesian Macro
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    Suppose the AD and SAS Curves Shift Upward by the Same
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Suppose the AD and SAS Curves Shift Upward by the Same

Question 30

Question 30

Multiple Choice

Suppose the AD and SAS curves shift upward by the same amount.Real GDP would ________ while the price level ________.


A) remain unchanged,rises
B) remain unchanged,remains unchanged
C) remain unchanged,falls
D) rise,remain unchanged
E) fall,rises

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