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A supply shock causes the long-run aggregate supply curve to shift left, decreasing the price level.

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A supply shock causes the long-run aggregate supply curve to shift left, decreasing the price level.

A supply shock causes the long-run aggregate supply curve to shift left, decreasing the price level.
True or false?

Textbook

Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 250 times

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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

Wink Face

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Smoooth

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Don't mention it Happy Dummy

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