Multiple Choice
How does an economic contraction that is caused by a shift in aggregate demand remedy itself over time?
A) The expected price level rises, shifting aggregate demand to the right.
B) The expected price level rises, shifting aggregate demand to the left.
C) The expected price level falls, shifting aggregate supply to the right.
D) The expected price level falls, shifting aggregate supply to the left.
Correct Answer:
Verified
Correct Answer:
Verified
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