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If the Costs of Production Increase,there Is

Question 88

Multiple Choice

If the costs of production increase,there is


A) an increase in aggregate supply and the AS curve shifts rightward.
B) a decrease in aggregate supply and the AS curve shifts leftward.
C) an increase in the quantity of real GDP supplied and a movement up along the AS curve.
D) a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
E) a decrease in aggregate supply and the AS curve shifts rightward.

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