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An Adverse Supply Shock Causes the Short-Run Aggregate Supply Curve

question 93

True/False

An adverse supply shock causes the short-run aggregate supply curve to shift left,increasing the price level.


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Data Label

A Data Label is a descriptive text used in charts and graphs to provide specific information about a data point, such as the value or category name.

Legend

A key or explanation that accompanies a map, chart, or other graphical representation, detailing the symbols used.

DATE Function

A function in many programming languages and databases used to return the current date or convert a string to a date format.

Range B1:B20

A reference in spreadsheet applications denoting a column of cells extending from row 1 to 20 in the 'B' column.

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