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In response to the effects of a negative supply shock policymakers decide to increase aggregate demand . What are the effects of this choice? An

In response to the effects of a negative supply shock policymakers decide to increase aggregate demand . What are the effects of this choice?

An increase in aggregate output and a decrease in the aggregate price level.

An increase in aggregate output and increase in the aggregate price level.

A decrease in aggregate output and an increase in the aggregate price level.

A derease in aggregate output and a decrease in the aggregate price level.

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