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    Macroeconomics Study Set 28
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    Exam 13: Aggregate Supply and the Short-Run
  5. Question
    Both Models of Aggregate Supply Discussed in Chapter 13 Imply
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Both Models of Aggregate Supply Discussed in Chapter 13 Imply

Question 79

Question 79

Multiple Choice

Both models of aggregate supply discussed in Chapter 13 imply that if the price level is higher than expected,then output ______ natural level of output.


A) exceeds the
B) falls below the
C) equals the
D) moves to a different

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