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    Exam 6: Modelling Real Gdp and the Price Level in the Long Run
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    Leftward Shifts in Long-Run Aggregate Supply
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Leftward Shifts in Long-Run Aggregate Supply

Question 16

Question 16

Multiple Choice

Leftward shifts in long-run aggregate supply


A) can cause inflation if aggregate demand is also not declining.
B) are a result of the multiplier effect.
C) are the reason for growth in real GDP.
D) include changes in the governments' tax structure.

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