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    The Economics of Money Banking Study Set 3
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    Exam 23: Aggregate Demand and Supply Analysis
  5. Question
    Figure 24-1 -In Figure 24.1 Above, a ________ Supply Shock Will Shift
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Figure 24-1 -In Figure 24.1 Above, a ________ Supply Shock Will Shift

Question 130

Question 130

Multiple Choice

Figure 24-1
Figure 24-1     -In Figure 24.1 above, a ________ supply shock will shift the aggregate supply curve to AS₂ and the economy will return to the long run equilibrium at point ________. A) negative; 1 B) negative; 3 C) positive; 1 D) positive; 3
-In Figure 24.1 above, a ________ supply shock will shift the aggregate supply curve to AS₂ and the economy will return to the long run equilibrium at point ________.


A) negative; 1
B) negative; 3
C) positive; 1
D) positive; 3

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