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Ceteris Paribus,a Leftward Shift of the Aggregate Supply Curve Will

Question 4

Multiple Choice

Ceteris paribus,a leftward shift of the aggregate supply curve will cause the equilibrium price level to _______ and equilibrium real output to _______.


A) Increase;increase
B) Increase;decrease
C) Decrease;increase
D) Decrease;decrease

Correct Answer:

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