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Exhibit: AD-AS Shifts $\bar { Y }$

question 41

question 41

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Use the following to answer questions :
Exhibit: AD-AS Shifts $Use the following to answer questions : Exhibit: AD-AS Shifts -(Exhibit: AD-AS Shifts) Starting from long-run equilibrium at A with output equal to \bar { Y } and the price level equal to P<sub>1</sub>, a cost-push inflation would be represented by a shift from: A) AD<sub>1</sub> to AD<sub>2</sub> B) AD<sub>1</sub> to AD<sub>3</sub> C) AS<sub>1</sub> to AS<sub>2</sub> D) AS<sub>1</sub> to AS<sub>3</sub>$
-(Exhibit: AD-AS Shifts) Starting from long-run equilibrium at A with output equal to $\bar { Y }$ and the price level equal to P₁, a cost-push inflation would be represented by a shift from:

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