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Reptor Reptor
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6 years ago
If the economy experiences simultaneous negative aggregate demand and aggregate supply shocks, the new equilibrium price level ________ and the new equilibrium level of aggregate output ________.
A) will he higher; will be lower
B) will he lower; will be lower
C) may be higher, lower, or not change; will be lower
D) will be higher; may be higher, lower, or not change
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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6 years ago
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Reptor Author
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6 years ago
Good timing, thanks!
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Yesterday
Smart ... Thanks!
wrote...

2 hours ago
Brilliant
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