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    The Macro Economy Today
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    Exam 8: The Business Cycle
  5. Question
    Business Cycles Result from Recurrent Shifts of the Aggregate Supply
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Business Cycles Result from Recurrent Shifts of the Aggregate Supply

Question 25

Question 25

True/False

Business cycles result from recurrent shifts of the aggregate supply and demand curves.
Assuming that neither the AD or AS line is vertical,if AD or AS shifts,the economy's output will change.

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