Multiple Choice
Which of these is a likely impact of a decrease in the price level in an economy on the aggregate supply in the economy?
A) An increase in the quantity of real GDP supplied
B) A decrease in the quantity of real GDP supplied
C) A leftward shift of the aggregate supply curve
D) A rightward shift of the aggregate supply curve
E) An increase in the slope of the aggregate supply curve
Correct Answer:
Verified
Correct Answer:
Verified
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