JCTIONS Identify the choice that best completes the statement or ans.docx

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JCTIONS: Identify the choice that best completes the statement or answers the on. Question 26 1 pts Which of the following events would shift both the SRAS and the LRAS curves to the right? O A decrease in the expected price level. Awave of pessimism causing a fall in consumer spending Immigration. A natural disaster destroying the productive capacity and infrastructure of a major industrial region of a country. Previous Next Quiz saved at 10:03pm Submit Quiz MacBook Pro 10:04 9 GO 2 Wed & 41. 8 Search Textbook Solution s Che X Federico's sadness - Google D x +
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Unformatted text preview: 1164/quizzes/113737/take/questions/3908792 AS LRAS Price Level AD1 \ AD2 Quantity of Output Refer to Figure 20. Which of the following statements is/are correct? A movement from point a to point bis accompanied by a rise in unemployment An expansionary monetary policy or the government's use of fiscal policy could move the economy from point b to point a. If no action is taken by policymakers, the price level will fall even lower as the economy moves from point b to a new long-run equilibrium. All of the above statements are correct. MacBook Pro...
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