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A sudden increase in business pessimism shifts the aggregate-_________ curve, leading to _________ output. a. supply; lower b. supply; higher c. demand; lower d. demand; higher
Chapter 33, Problem 10(choose chapter or problem)
QUESTION:
A sudden increase in business pessimism shifts the aggregate-_________ curve, leading to _________ output.
a. supply; lower
b. supply; higher
c. demand; lower
d. demand; higher
Questions & Answers
QUESTION:
A sudden increase in business pessimism shifts the aggregate-_________ curve, leading to _________ output.
a. supply; lower
b. supply; higher
c. demand; lower
d. demand; higher
ANSWER:Step 1 of 2
Given data:
A sudden increase in business pessimism shifts the aggregate-_________ curve, leading to _________ output.
a. supply; lower
b. supply; higher
c. demand; lower
d. demand; higher