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When consumers' disposable income is constant, how will a decrease in output prices show in an AD-AS model? Question 11 Answer a. as a shift
When consumers' disposable income is constant, how will a decrease in output prices show in an AD-AS model? Question 11 Answer a. as a shift to the left of the AD curve b. as a flattening of the AD curve at the far right c. as a shift to the right of the AD curve d. as a downward move along the AD curve
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Basic Econometrics
Authors: Damodar N. Gujrati, Dawn C. Porter
5th edition
73375772, 73375779, 978-0073375779
