If the price level turns out to be lower than expected,
A)businesses cut back production
B)the potential output level decreases
C)initially,the short-run aggregate supply curve shifts leftward; later,there is a downward movement along that curve
D)initially,the short-run aggregate supply curve shifts leftward; later,there is an upward movement along that curve
E)an expansionary gap develops

Question

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The Answer of If the price level turns out to be lower than expected,
A)businesses cut back production
B)the potential output level decreases
C)initially,the short-run aggregate supply curve shifts leftward; later,there is a downward movement along that curve
D)initially,the short-run aggregate supply curve shifts leftward; later,there is an upward movement along that curve
E)an expansionary gap develops

If the Price Level Turns Out to Be Lower Than