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Macroeconomics Final - Part 2 of 4!
SAMPLE
This is a sample practice set. In order to have a more personalized exam prep experience:
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16. Aggregate Demand and Aggregate Supply Analysis / AD-AS Model: Shifts in Aggregate Demand / Problem 14
Problem 14

In response to a leftward shift in aggregate demand, how does the short-run aggregate supply curve adjust to restore long-run equilibrium?