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Loraine Loraine
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9 years ago
When the price level rises, the quantity of real GDP supplied ________ because ________.
A) decreases; new businesses open
B) increases; new businesses open
C) decreases; businesses fail and have to shut their doors
D) increases; AS curve shifts rightward
E) increases; businesses fail and have to shut their doors
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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