Question
Suppose that the supply of credit card services is hit by a negative shock, resulting in a leftward shift of the supply of credit car
Suppose that the supply of credit card services is hit by a negative shock, resulting in a leftward shift of the supply of credit car services. Ceteris paribus, the price level will _________ .
A.fall then rise
B.fall
C.remain unaffected
D.rise
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
