A leftward shift in the AD curve accompanied by a leftward shift of the AS curve will
A) increase both GDP and the price level.
B) reduce GDP but have an uncertain effect on the price level.
C) reduce the price level but have an uncertain effect on GDP.
D) increase the price level but have an uncertain effect on GDP.
E) increase GDP but have an uncertain effect on the price level.
Correct Answer:
Verified
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