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Recently, California discovered a significant deposits of diamonds. This will likely lead to an increáse in the aggregate demand only. O an increase in the short-run aggregate supply only. O an increase in the long-run aggregate supply only. O an increase in both the short-run aggregate supply and the long-run aggregate supply.

Recently, California discovered a significant deposits of diamonds. This will likely lead to an increáse in the aggregate demand only. O an increase in the short-run aggregate supply only. O an increase in the long-run aggregate supply only. O an increase in both the short-run aggregate supply and the long-run aggregate supply.

Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 2CQQ
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Recently, California discovered a significant deposits of diamonds. This will likely lead to an increáse in the aggregate demand only. an increase in the short-run aggregate supply only. an increase in the long-run aggregate supply only. O an increase in both the short-run aggregate supply and the long-run aggregate supply.
Transcribed Image Text:Recently, California discovered a significant deposits of diamonds. This will likely lead to an increáse in the aggregate demand only. an increase in the short-run aggregate supply only. an increase in the long-run aggregate supply only. O an increase in both the short-run aggregate supply and the long-run aggregate supply.
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