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Suppose the Price Level Is Rising and It Is Widely

Question 71

Multiple Choice

Suppose the price level is rising and it is widely forecast to rise even further.This forecast might cause __________ of some consumption plans,resulting in __________ the AD curve.


A) postponement; a rightward shift of
B) postponement; a leftward shift of
C) acceleration; a rightward shift of
D) acceleration; movement down along

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