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    Macroeconomics Study Set 48
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    Exam 12: Aggregate Demand and Aggregate Supply
  5. Question
    In the Short Run, a Positive Demand Shock _____ Aggregate
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In the Short Run, a Positive Demand Shock _____ Aggregate

Question 86

Question 86

Multiple Choice

In the short run, a positive demand shock _____ aggregate output and _____ the aggregate price level.


A) reduces; increases
B) increases; reduces
C) reduces; reduces
D) increases; increases

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