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short-run aggregate

/in /by

Question

If short-run aggregate supply increases, in the short run :A.the equilibrium price level and level of real

GDP will increase.

B.he equilibrium price level will increase, but the level of real GDP will decrease.

C.the equilibrium price level and level of real GDP will decrease.

D.the equilibrium price level will decrease, but the level of real GDP will increase.

E.demand-pull inflation will result.

 
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