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    Exam 10: Real GDP and the Price Level in the Long Run
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    If There Are Steady Decreases in Aggregate Supply, the Economy
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If There Are Steady Decreases in Aggregate Supply, the Economy

Question 225

Question 225

Multiple Choice

If there are steady decreases in aggregate supply, the economy will experience


A) a slow decrease in price levels.
B) demand-side inflation.
C) an expansionary gap.
D) supply-side inflation.

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