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AD/AS Model and Economic Situations Flashcards | StudBud
AD/AS Model and Economic Situations
1 / 9
If AS where is shift to the right, what would happen to price level and unemployment?
A
Price Level Increases, Unemployment Decreases
B
Price Level Decreases, Unemployment Increases
C
Price Level Increases, Unemployment Increases
D
Price Level Decreases, Unemployment Decreases
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