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A Favourable Supply Shock Would

Question 106

Multiple Choice

A favourable supply shock would


A) shift the production function up and decrease marginal products at every level of employment.
B) shift the production function down and decrease marginal products at every level of employment.
C) shift the production function down and increase marginal products at every level of employment.
D) shift the production function up and increase marginal products at every level of employment.

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