Multiple Choice
A decrease 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.
Correct Answer:
Verified
Correct Answer:
Verified
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