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Use the Following Diagram to Answer the Following Questions

question 99

Multiple Choice

Use the following diagram to answer the following questions.
Use the following diagram to answer the following questions.    -Refer to Real GDP. An increase in the price level is most likely to cause: A)  a shift from AS₁ to AS₂. B)  a shift from AS₂ to AS₁. C)  a movement from point A to point B. D)  a movement from point B to point A.
-Refer to Real GDP. An increase in the price level is most likely to cause:


Definitions:

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