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A Sudden Increase in Commodity Prices Will Lead to a Shift

Question 339

Multiple Choice

A sudden increase in commodity prices will lead to a shift in the _____ curve to the _____,resulting in _____ aggregate _____.


A) SRAS;right;higher;output
B) AD;right;higher;prices
C) SRAS;left;lower;output
D) AD;left;lower;prices

Correct Answer:

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