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In the long run, a decrease in aggregate demand will a. cause aggregate supply to decrease as people become pessimistic. cause lower prices and...

69. In the long run, a decrease in aggregate demand will
a. cause aggregate supply to decrease as people become pessimistic.
b. cause lower prices and wages, but have no impact on unemployment.
c. cause severe unemployment, but leave prices unchanged
d.lead to a reduction in output as spending falls.

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Economics - 8207672.doc

In the long run, a decrease in aggregate demand will
a. cause aggregate supply to decrease as people become pessimistic.
b. cause lower prices and wages, but have no impact on unemployment.
c....

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