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Scenario 33-2 Imagine That in the Current Year the Economy Is in Is

Question 164

Multiple Choice

Scenario 33-2
Imagine that in the current year the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some time.
-Refer to Scenario 33-2. Which curve shifts and in which direction?


A) Aggregate demand shifts right.
B) Aggregate demand shifts left.
C) Aggregate supply shifts right.
D) Aggregate supply shifts left.

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