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For an economy initially at short-run equilibrium, if the AS shifts to the left then the price level will a. decrease and real output will
For an economy initially at short-run equilibrium, if the AS shifts to the left then the price level will a. decrease and real output will decrease b. decrease and real output will increase c. increase and the real output will increase d. increase and real output will decrease
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
