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An increase in the expected price level

kolitchko

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6 years ago

An increase in the expected price level

An increase in the expected price level
A) shifts the short-run aggregate supply curve up and to the left.
B) shifts the short-run aggregate supply curve down and to the right.
C) has no effect on the short-run aggregate supply curve.
D) results in a movement along the short-run aggregate supply curve, rather than a shift in the short-run aggregate supply curve.

Textbook

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

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pepebilly

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kolitchko Author

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6 years ago

Thank you, thank you, thank you!

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