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Let's assume we are at full employment, so that SAS, LAS and AD are equal. Aluminium is used as an input in the production of
Let's assume we are at full employment, so that SAS, LAS and AD are equal. Aluminium is used as an input in the production of many goods. After the price of aluminum increases, which of the following outcomes would not occur? Question 19Select one: A. Real GDP decreases. B. LAS remains unchanged. C. The price level increases. D. AD shifts to the left. E. SAS shifts to the left
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