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An Increase in the Expected Price Level Shifts Short-Run Aggregate

Question 3

Multiple Choice

An increase in the expected price level shifts short-run aggregate supply to the


A) right,and an increase in the actual price level shifts short-run aggregate supply to the right.
B) right,and an increase in the actual price level does not shift short-run aggregate supply.
C) left,and an increase in the actual price level shifts short-run aggregate supply to the left.
D) left,and an increase in the actual price level does not shift short-run aggregate supply.

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