Multiple Choice
If the price level falls by 5%,then all else being equal,the long-run aggregate supply curve will:
A) remain unchanged.
B) shift to the right to reflect an increase in output of 5%.
C) shift to the right to reflect an increase in output of more than 5%.
D) shift to the left to reflect a decrease in output of 5%.
E) shift to the left to reflect a decrease in output of more than 5%.
Correct Answer:

Verified
Correct Answer:
Verified
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