In the short run, what is the impact on the price level and Real GDP of each

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In the short run, what is the impact on the price level and Real GDP of each of the following:

a. An increase in consumption brought about by a decrease in interest rates.

b. A decrease in exports brought about by an appreciation of the dollar.

c. A rise in wage rates.

d. A beneficial supply shock.

e. An adverse supply shock.

f. A decline in productivity.

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Macroeconomics

ISBN: 9780324785500

9th Edition

Authors: Roger A. Arnold

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