hw9figures

hw9figures - C) an increase in production costs while...

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7. In the figure below, the shift in aggregate supply from AS to AS' could be a result of: Real output Q P P r i c e l v AS | AS A) an increase in both production costs and potential GDP. B) a decrease in production costs while potential GDP remains unchanged.
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Unformatted text preview: C) an increase in production costs while potential GDP remains unchanged. D) a decrease in both production costs and potential GDP. E) none of the above....
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