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-In the Above Figure, the Short-Run Aggregate Supply Curve Is

Question 201

Multiple Choice

-In the above figure, the short-run aggregate supply curve is SAS1. Suppose that the price level in the economy increases. As a result there is

A) an upward movement along SAS1.
B) a downward movement along SAS1.
C) a shift to SAS0.
D) a shift to SAS2.

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