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After an Adverse Supply Shock Occurs,the ____________ Curve Shifts _____________

Question 196

Multiple Choice

After an adverse supply shock occurs,the ____________ curve shifts _____________ resulting in a(n) _________________ in the price level and a(n) ________________ in Real GDP.


A) AD; leftward; decrease; decrease
B) AD; rightward; increase; increase
C) SRAS; rightward; decrease; increase
D) SRAS; leftward; increase; decrease

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