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Refer to Figure 11-2. When the economy is operating at point a, reliance on the self-correcting mechanism will a. result in higher resource prices and
Refer to Figure 11-2. When the economy is operating at point a, reliance on the self-correcting mechanism will a. result in higher resource prices and a shift to the left in the SRAS curve. b. result in lower resource prices and a shift to the right in the SRAS curve. c. lead to lower interest rates and a shift to the right in the AD curve. d. lead to higher interest rates and a shift to the left in the AD curve. e. do both a and d
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