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    Macroeconomics Study Set 13
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    Exam 13: Aggregate Demand and Aggregate Supply Analysis
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    In the United States,because Shipping Plays Such an Important Role
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In the United States,because Shipping Plays Such an Important Role

Question 107

Question 107

Multiple Choice

In the United States,because shipping plays such an important role in the economy,declines in cargo volumes reflect


A) increases in short-run aggregate supply.
B) increases in inflation.
C) declines in aggregate demand.
D) decreases in long-run aggregate supply.

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