According to the AS-AD model, if workers demand higher wages, then equilibrium output and the equilibrium price level will fall in the short run.
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Q20: An increase in autonomous consumption shifts aggregate
Q21: A decrease in oil prices will lead
Q22: A decrease in government spending shifts _
Q23: Which of the following would lead to
Q24: In the long run, the aggregate supply
Q26: An increase in velocity shifts _ to
Q27: An increase in which of the following
Q28: An increase in investment will lead to
Q29: Some types of government spending can raise
Q30: An increase in expected inflation shifts _
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