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Figure 22-8

question 323

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Figure 22-8. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the right-hand diagram, "Inf Rate" means "Inflation Rate." Figure 22-8. The left-hand graph shows a short-run aggregate-supply (SRAS)  curve and two aggregate-demand (AD)  curves. On the right-hand diagram,  Inf Rate  means  Inflation Rate.    -Refer to Figure 22-8. The shift of the aggregate-supply curve from AS<sub>1</sub> to AS<sub>2</sub> could be a consequence of A) an increase in the money supply. B) an adverse supply shock. C) a decrease of output from Y<sub>1</sub> to Y<sub>2</sub>. D) a slow adjustment of people's expectation of the inflation rate.
-Refer to Figure 22-8. The shift of the aggregate-supply curve from AS1 to AS2 could be a consequence of

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The prevalent norms, values, and behaviors that characterize a society or organization and influence its members.

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