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If Real GDP Is Less Than Potential GDP, Then the --------------------and

Question 25

Multiple Choice

If real GDP is less than potential GDP, then the --------------------and the price level --------------------


A) aggregate supply curve shifts rightward; falls
B) aggregate demand curve shifts leftward; rises
C) aggregate demand curve shifts rightward; falls
D) amount of potential GDP increases; falls
E) aggregate supply curve shifts leftward; rises

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