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Chapter 9 AD/AS Flashcards | StudBud
Chapter 9 AD/AS
1 / 15
In the AD-AS model, a decrease in SRAS can be expected to lead to
A
anincrease in the price level and a fall in real GDP
B
afall in the price level and an increase in real GDP
C
an increasein the price level and an increase in real GDP
D
afall in the price level and a fall in real GDP
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