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If the Short-Run Aggregate Supply Curve Is Shifting Down Repeatedly,it

Question 43

Multiple Choice

If the short-run aggregate supply curve is shifting down repeatedly,it is rather likely that ________.


A) output is declining repeatedly,relative to potential output
B) the long-run aggregate supply curve is shifting to the left
C) negative price shocks are recurring
D) all of the above
E) none of the above

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