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Author Question: A decrease in the expected future price level: a. Shifts both SRAS and LRAS to the left. b. Shifts ... (Read 98 times)

james9437

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on: Jun 30, 2018
A decrease in the expected future price level:
 a. Shifts both SRAS and LRAS to the left.
 b. Shifts both SRAS and LRAS to the right.
 c. Shifts SRAS left but leaves LRAS unchanged.
  d. Shifts SRAS right but leaves LRAS unchanged.

Question 2

Ceteris paribus, a decline in the general price level in the United States will make foreign-produced goods relatively more expensive to the U.S. residents and increase the aggregate demand of domestic goods.
 a. True
  b. False
  Indicate whether the statement is true or false


brbarasa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


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