Business
Business, 09.04.2021 03:10, neriah30

If there is a decrease in the short-run aggregate supply curve and no changes in monetary and fiscal policies are implemented, the economy over time will A. Remain at the new price and output level
B. Continue to have rising prices and decreasing real GDP.
C. Experience increasing nominal wages.
D. Return to the original output and price level.
E. Experience a leftward shift in the aggregate demand curve.

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Answers: 2

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If there is a decrease in the short-run aggregate supply curve and no changes in monetary and fiscal...

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