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Starting at long run equilibrium what will happen if Exports decrease Question 18 options: A. in the short run, the AS curve will shift to
Starting at "long run equilibrium" what will happen if Exports decrease Question 18 options: A. in the short run, the AS curve will shift to the right the economy will produce above its natural level and unemployment will fall; in the long run the AD curve will shift to the left, increasing the "price level" and returning the economy to its "natural" level of output and employment B. in the short run, the AD curve will shift to the left the economy will produce below its natural level and unemployment will fall; in the long run the AS curve will shift to the right, decreasing the "price level" and returning the economy to its "natural" level of output and employment C. in the short run, the AD curve will shift to the right the economy will produce above its natural level and unemployment will fall; in the long run the AS curve will shift to the left, increasing the "price level" and returning the economy to its "natural" level of output and employment D. in the short run, the AD curve will shift to the left the economy will produce below its natural level and unemployment will rise; in the long run the AS curve will shift to the right, decreasing the "price level" and returning the economy to its "natural" level of output and employment
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