QUESTION 11 Figure: Output Gap URAS Aggregato price level, P SRAS AD AD 10 Y, YY. Real DGP (Ref 42-2 Figure: Output Gap)

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QUESTION 11 Figure: Output Gap URAS Aggregato price level, P SRAS AD AD 10 Y, YY. Real DGP (Ref 42-2 Figure: Output Gap)

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Question 11 Figure Output Gap Uras Aggregato Price Level P Sras Ad Ad 10 Y Yy Real Dgp Ref 42 2 Figure Output Gap 1
Question 11 Figure Output Gap Uras Aggregato Price Level P Sras Ad Ad 10 Y Yy Real Dgp Ref 42 2 Figure Output Gap 1 (42.12 KiB) Viewed 96 times
QUESTION 11 Figure: Output Gap URAS Aggregato price level, P SRAS AD AD 10 Y, YY. Real DGP (Ref 42-2 Figure: Output Gap) Refer to Figure: Output Gap. If the economy is at Y2 because of contractionary monetary policy and no further policy is implemented in the long run nominal wages will and shift the short-run aggregate supply curve to the which will real output. a. increase; left; decrease b. increase; right: increase c decrease;left; decrease d. decrease; right; increase
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