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FIGURE 29-3 Refer to Figure 29-3. The movement of the economy from E0 to E1 was likely caused by an increase in the price level.
FIGURE 29-3 Refer to Figure 29-3. The movement of the economy from E0 to E1 was likely caused by an increase in the price level. a negative supply shock caused by higher input prices. a positive demand shock due to an increase in investment. a negative demand shock caused by fall in consumption. a positive supply shock caused by improved productivity
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