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Consider an economy that it has been experiencing positive growth of real GDP growth, a reduction in unemployment and rising prices. These conditions are most
Consider an economy that it has been experiencing positive growth of real GDP growth, a reduction in unemployment and rising prices. These conditions are most likely the result of A. a decrease in aggregate supply (SRAS) with no change in aggregate demand. B. an increase in aggregate supply (SRAS) with no change in aggregate demand. C. an increase in aggregate demand with no change in aggregate supply (SRAS). D. a decrease in aggregate demand with no change in aggregate supply (SRAS)
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