In the model of aggregate demand and aggregate supply, the initial impact of an increase in consumer optimism is to a) shift the short-run aggregate supply curve to the right. b) shift the long-run aggregate supply curve to the left. c) shift the aggregate demand curve to the right. d) shift the short-run aggregate supply curve to the left. e) shift the aggregate demand curve to the left.
In the model of aggregate demand and aggregate supply, the initial impact of an increase in consumer optimism is to a) shift the short-run aggregate supply curve to the right. b) shift the long-run aggregate supply curve to the left. c) shift the aggregate demand curve to the right. d) shift the short-run aggregate supply curve to the left. e) shift the aggregate demand curve to the left.
Chapter20: Aggregate Demand And Supply
Section20.A: The Self Correcting Aggregate Demand And Supply Model
Problem 8SQ
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In the model of aggregate
a) shift the short-run
b) shift the long-run aggregate supply curve to the left.
c) shift the aggregate demand curve to the right.
d) shift the short-run aggregate supply curve to the left.
e) shift the aggregate demand curve to the left.
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