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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
According to the misperceptions theory, when the aggregate price level is higher than expected,
A) the aggregate quantity of output supplied falls below the full-employment level.
B) the aggregate quantity of output demanded falls below the full-employment level.
C) the aggregate quantity of output supplied rises above the full-employment level.
D) the aggregate quantity of output demanded rises above the full-employment level.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 85 times
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supamansupaman
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Posts: 2219
8 years ago
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johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
8 years ago
Take care for now
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