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    Exploring Macroeconomics
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    Exam 9: Aggregate Supply and Macroeconomic Equilibrium
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    When There Is a Temporary Sharp Reduction in the Price
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When There Is a Temporary Sharp Reduction in the Price

Question 69

Question 69

Multiple Choice

When there is a temporary sharp reduction in the price of oil,which curves will shift right?


A) SRAS
B) both SRAS and LRAS
C) neither SRAS nor LRAS
D) LRAS

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