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    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: The Phillips Curve
  5. Question
    When Aggregate Demand Shifts Left Along the Short-Run Aggregate Supply
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When Aggregate Demand Shifts Left Along the Short-Run Aggregate Supply

Question 37

Question 37

Multiple Choice

When aggregate demand shifts left along the short-run aggregate supply curve,


A) unemployment and prices rise.
B) unemployment rises and prices fall.
C) unemployment falls and prices rise.
D) unemployment and prices fall.

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