If the Price Level in the Current Year Is Much

question 84

Multiple Choice

If the price level in the current year is much higher than the expected price level,_____.

• A)firms will increase production beyond the economy's potential level
• B)the unemployment rate will increase
• C)firms will decrease production below the economy's potential level
• D)the short-run aggregate supply curve will become steeper
• E)the unemployment rate will fall to zero

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