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Workers expect inflation to rise from 3% to 5% next year. As a result, this should A.move the economy up along a stationary short-run aggregate
Workers expect inflation to rise from 3% to 5% next year. As a result, this should
A.move the economy up along a stationary short-run aggregate supply curve.
B.move the economy down along a stationary short-run aggregate supply curve.
C.shift the short-run aggregate supply curve to the right.
D.shift the short-run aggregate supply curve to the left.
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