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Using an aggregate supply and demand model like that pictured below, if consumer confidence results in an increase in consumer spending, the result will be:
Using an aggregate supply and demand model like that pictured below, if consumer confidence results in an increase in consumer spending, the result will be: AS AD Graph.png Group of answer choices A decrease in the price level and a decrease in real GDP An increase in the price level and a decrease in real GDP A decrease in the price level and an increase in real GDP An increase in the price level and an increase in real GDP
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