If Inflation Turns Out to Be Higher Than Expected,this Will

question 68

Multiple Choice

If inflation turns out to be higher than expected,this will

• A) shift long-run aggregate supply to the right.
• B) shift long-run aggregate supply to the left.
• C) shift short-run aggregate supply to the left.
• D) shift short-run aggregate supply to the right.
• E) have no effect on aggregate supply.

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Definitions:

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