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    Principles of Macroeconomics Study Set 18
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    Exam 13: Aggregate Demand, Aggregate Supply, and Business Cycles
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    A Leftward Shift of the AS Curve Indicates
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A Leftward Shift of the AS Curve Indicates

Question 64

Question 64

Multiple Choice

A leftward shift of the AS curve indicates:


A) a decrease in aggregate supply.
B) an increase in aggregate supply.
C) a decrease in potential GDP.
D) an increase in potential GDP.

Correct Answer:

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