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An Increase in the Price Level Will Cause

Question 132

Multiple Choice

An increase in the price level will cause


A) an increase in the quantity of aggregate output supplied
B) a decrease in the quantity of aggregate output supplied
C) a leftward shift of the aggregate supply curve
D) a rightward shift of the aggregate supply curve
E) a leftward or rightward shift of the aggregate supply curve,depending on the reason for the price change

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