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Figure 9-1 SRAS IRAS SRAS PL Price Level PLO AD 0 RGDP, RGDPMR. RGDP Refer to Figure 9-1. Which of the following would a shift
Figure 9-1 SRAS IRAS SRAS PL Price Level PLO AD 0 RGDP, RGDPMR. RGDP Refer to Figure 9-1. Which of the following would a shift from SRAS( to SRAS ] result in? What happens to the price level and level of real GDP during the long-run self-regulation? The price level and the level of real GDP both decrease The price level increases and the level of real GDP decreases The price level and the level of real GDP both increase The price level decreases and the level of real GDP increases
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