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    Principles of Economics Study Set 8
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    Exam 35: The Short-Run Tradeoff Between Inflation and Unemployment
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    An Adverse Supply Shock Will Shift Short-Run Aggregate Supply
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An Adverse Supply Shock Will Shift Short-Run Aggregate Supply

Question 131

Question 131

Multiple Choice

An adverse supply shock will shift short-run aggregate supply


A) right, making prices rise.
B) left, making prices rise.
C) right, making prices fall.
D) left, making prices fall.

Correct Answer:

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