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As nominal wages and the costs of other resources rise during an expansion: Multiple choice question. the aggregate demand curve shifts to the left real
As nominal wages and the costs of other resources rise during an expansion: Multiple choice question. the aggregate demand curve shifts to the left real output falls and the price level falls further. the aggregate demand curve shifts to the right real output grows and the price level falls further. the aggregate supply curve shifts to the left real output falls and the price level rises further. the aggregate supply curve shifts to the right real output grows and the price level falls further
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