A temporary decrease in spending decreases inflation but not real growth in the long run.
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Q203: The short-run aggregate supply curve shows that
Q204: A positive shock to spending will shift
Q205: Decreased import growth represents a positive AD
Q206: The short-run aggregate supply curve slopes upward
Q207: Since changes in
Q209: An unexpected increase in money growth increases
Q210: Lower taxes represent a negative AD shock.
Q211: In the AD-AS model,wages are sticky but
Q212: An increase in inflation immediately causes a
Q213: An increase in the inflation rate in
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