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As a result of the Self Adjusting Mechanism to close a recessionary gap, a rightward shift in AS results in lower prices and higher GDP
As a result of the Self Adjusting Mechanism to close a recessionary gap, a rightward shift in AS results in lower prices and higher GDP a rightward shift in AS results in higher prices and higher GDP a leftward shift in AS results in higher prices and lower GDP a leftward shift in AS results in lower prices and higher GDP None of these answers is correct
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