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The Global Economy Enters a Recession,thereby Decreasing the Level of Australian

Question 10

Multiple Choice

The global economy enters a recession,thereby decreasing the level of Australian exports.If the aggregate supply curve does NOT shift,then aggregate demand will ________,real GDP will ________,and the price level will ________.


A) increase;remain the same;increase
B) remain the same;increase;increase
C) decrease;decrease;decrease
D) decrease;increase;increase
E) increase;increase;remain the same

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