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A Decrease in the Expected Future Price Level

Question 183

Multiple Choice

A decrease in the expected future price level:


A) ​Shifts both SRAS and LRAS to the left.
B) ​Shifts both SRAS and LRAS to the right.
C) ​Shifts SRAS left but leaves LRAS unchanged.
D) ​Shifts SRAS right but leaves LRAS unchanged.

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