Decreases in the NAIRU represent a: rightward shift in the aggregate demand curve. leftward shift of the long-run aggregate supply curve. leftward shift in the aggregate demand curve. rightward shift of the long-run aggregate supply curve.

Decreases in the NAIRU represent a: rightward shift in the aggregate demand curve. leftward shift of the long-run aggregate supply curve. leftward shift in the aggregate demand curve. rightward shift of the long-run aggregate supply curve.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter20: Aggregate Demand And Supply

Section20.A: The Self Correcting Aggregate Demand And Supply Model

Problem 3SQ

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Question

Decreases in the NAIRU represent a:

rightward shift in the aggregate demand curve.
leftward shift of the long-run aggregate supply curve.
leftward shift in the aggregate demand curve.
rightward shift of the long-run aggregate supply curve.

Definition Definition Total supply of goods and services in an economy at a certain price level in a specific time period.

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