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In the Aggregate Demand-Aggregate Supply Model, an Increase in the Expected

Question 20

Multiple Choice

In the aggregate demand-aggregate supply model, an increase in the expected price level, everything else remaining unchanged, causes the _____curve to shift_____ .


A) short-run aggregate supply; right
B) short-run aggregate supply; left
C) aggregate-demand; left
D) aggregate-demand; right

Correct Answer:

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