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    Macroeconomics Policy and Practice
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    Exam 12: The Aggregate Demand and Supply Model
  5. Question
    A Fall in Import Prices or an Increase in Productivity
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A Fall in Import Prices or an Increase in Productivity

Question 55

Question 55

Multiple Choice

A fall in import prices or an increase in productivity ________.


A) constitute a positive supply shock
B) typically leads to a rise in commodity prices
C) typically comes with a reduction in output
D) all of the above
E) none of the above

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