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topgradehub topgradehub
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5 years ago
If the economy experiences a negative supply shock, which of the following will be true?
A) Inflation will rise, and real GDP will fall.
B) Inflation will rise, and real GDP will rise.
C) Inflation will fall, and real GDP will fall.
D) Inflation will fall, and real Answer:  rise.
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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Ablaze123Ablaze123
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5 years ago
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topgradehub Author
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Thanks for your help!!
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