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In the Short Run, an Increase in the Price Level

Question 3

Multiple Choice

In the short run, an increase in the price level causes which of the following:


A) A rightward shift in the aggregate demand curve.
B) A leftward shift in the short-run aggregate supply curve.
C) A rightward shift in the short-run aggregate supply curve.
D) A movement upward along the short-run aggregate supply curve.

Correct Answer:

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