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Question 6 1 pts Using the AS-AD model, what are the likely short-run effects on inflation and economic activity in the United States in this
Question 6 1 pts Using the AS-AD model, what are the likely short-run effects on inflation and economic activity in the United States in this situation? China shuts down factories in cities in order to contain Covid outbreaks and reopens them as the threat passes O inflation increases; economic activity increases O inflation decreases; economic activity decreases O inflation decreases; economic activity increases O No change O inflation increases; economic activity decreases
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