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1250: Principles of Macroeconomics (A14) The economy is in long run equilibrium. There is a positive AS shock in the short run, the equilibrium is

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1250: Principles of Macroeconomics (A14) The economy is in long run equilibrium. There is a positive AS shock in the short run, the equilibrium is to the _of the economy's potential output and there is a gap. Select one: O a. right; recessionary O b. right; inflationary O c. left; recessionary T O d. left; inflationary Next page age tice Quiz for Chapter 12 (Not for

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