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    Principles of Macroeconomics Study Set 12
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    Exam 12: Policy Effects and Cost Shocks in the Asad Model
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    A(n) ________ in Inflationary Expectations That Causes Firms to Decrease
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A(n) ________ in Inflationary Expectations That Causes Firms to Decrease

Question 187

Question 187

Multiple Choice

A(n) ________ in inflationary expectations that causes firms to decrease their prices shifts the aggregate supply curve to the ________.


A) increase; right
B) increase; left
C) decrease; right
D) decrease; left

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