3. Which of the following is shifted by a change in the expected price level? a. the...

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3. Which of the following is shifted by a change in the expected price level?

a. the aggregate-demand curve

b. the short-run aggregate-supply curve, but not the long-run aggregate-supply curve

c. the long-run aggregate-supply curve, but not the short-run aggregate-supply curve

d. both the short-run and the long-run aggregate- supply curves

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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